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PUTIN PROPOSED TO EXTEND THE MORATORIUM ON BUSINESS INSPECTIONS FOR 2024

Russian President Vladimir Putin said that the moratorium on business inspections should be extended to 2024. The head of the Russian Federation said this at a meeting with members of the Government the day before. "Let's extend it to 2024," Vladimir Putin suggested via video link at the meeting. Recall ...

Russia introduces bankruptcy moratorium

... official, the measure will allow debtors to recover from difficulties and find other sources of income without resorting to closing their businesses and laying off the employees, RBC reports . The Prime Minister expressed hope that this would help businesses and citizens to improve the state of affairs in the situation of imposing sanctions against Russia. The only sector that turned out to be outside the moratorium is the sector of construction of apartment buildings and other real estate as part of equity participation. Such developers-debtors do not fall under the introduced norm and during the moratorium period they may find themselves in insolvency ...

Vladimir Kuznetsov: ‘Only lawyers should create legal companies’

... extending the moratorium on inspections for SMEs for 2022, is it necessary to extend the moratorium on bankruptcy? V.K . : If the moratorium on bankruptcy continues to be extended, this will provoke some entrepreneurs to abuse. Knowing that they cannot be ... ... leads to a distortion of society. Many decisions are made in the way the authorities think, without the opinion of the real business community. Formal replies from the business community that they do not mind, unfortunately, do not reflect the real state ...

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