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THE STATE DUMA ASKS TO FINALIZE AMENDMENTS TO ACCELERATE THE SALE OF ASSETS OF BANKRUPT BANKS

... will help to accelerate the completion of the sale of assets of bankrupt credit institutions and satisfy creditors' claims as much as possible. The Committee asked to specify in the bill the proposed procedure for granting compensation. As noted in the State Duma, the amendments do not contain conditions under which the court may not take into account the will of creditors. There are also no requirements for the content of the conclusion of the Deposit Insurance Agency (DIA), which is necessary for the court to make a decision. In addition, the committee proposed to clarify the minimum price for repurchasing claims from creditors.

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