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Supreme Court of Russia determined the time period for consideration of claims on invalid transaction

... him were terminated, after which he applied to the court with a demand to include the debt to him in the register of creditors’ claims. The courts of three instances consistently satisfied the claim, but such a decision turned out to be erroneous. The Supreme Court of Russia recalled that a claim on a recognized transaction is considered to be declared on time if it has been failed within two months after the entry of a judicial act declaring the transaction invalid into force, which was not done. ...

Supreme Court of Russia supported the position of colleagues on the invalidity of a deed of gift

... The courts of the first and appeal instances considered that in such circumstances, the agreement should be recognized as an invalid transaction and the property should be returned to the bankruptcy estate, but this position was not supported by the district court. Its board noted that the debtor did not have the ... ... under a surety agreement. The main borrower was the company controlled by the future bankrupt. Considering the complaint, the Supreme Court of Russia recalled that the recognition of an agreement on the deed of gift as invalid is possible if three conditions ...

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