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AFTER THE SALE OF THE BANKRUPT'S CAR, THE DEBTOR IS NOT RESPONSIBLE FOR PAYING THE TRANSPORT TAX

The tax service appealed to the court with a claim for recovery of transport tax arrears from the defendant. Satisfying the stated requirements, the courts of three instances proceeded from the fact that the car in the period 2020 was registered with the traffic police for the defendant, in connection with which he is a payer of transport tax. There is no evidence indicating that the administrative plaintiff has taken measures to remove the vehicle from the ...

Russian State Duma proposed to allow spending maternity capital on the purchase of a car

Parliamentarian Yana Lantratova took the initiative to provide the opportunity to use maternity capital to buy a car. The official explained this by the fact that a car is a necessity, especially for large families. A corresponding appeal has already been sent to Tatyana Golikova. Explaining her intention to amend the regulation, Lantratova said that the idea ...

Eco-friendly carsharing Facedrive announced bankruptcy threat

... against him in Ontario at the end of 2020. Navaratnam accuses Khan of financial fraud, as he sold a significant amount of the company’s shares, due to which the company's assets were catastrophically depreciated. Facedrive's history began in 2016 as a car-sharing startup and has become one of the fastest growing businesses in Canada. While many business sharks continued to ignore environmental concerns, Facedrive offered its customers a choice between using electric vehicles and hybrid driving. The ...

THE DISPUTE OVER THE PROPERTY PREVENTS THE RECOGNITION OF THE TRANSACTION AS INVALID

As part of the bankruptcy case of a citizen, the manager appealed to the court with an application to challenge the car purchase and sale agreement (case no. A56-98733/20). The defendant declared the suspension of proceedings on the dispute, the court of first instance granted this application, pointing out that the presence in the proceedings of the district court ...

THE COURT ARRESTED THE RUSSIAN ASSETS OF HYUNDAI'S "DAUGHTER"

.... Under the contract, Hyundai's daughter remained indebted to Stroytechimport for almost 157 million rubles. However, it has recently become clear that the plaintiff may not receive almost anything if no interim measures are taken. After all, if the carmaker leaves the Russian Federation, the company's property will be sold off, and the assets will be unavailable for collection. The arbitration court called the imposed arrest an "accelerated" way of protection. The decision was made as ...

New kind of criminal liability for reckless drivers has been introduced in Russia

A new norm of the Criminal Code of the Russian Federation, which implies increased liability for a number of administrative offenses, has come into force. Among them, there are speeding by more than 60 and 80 km / h, as well as driving into an oncoming lane in case of traffic violations. In the cases under consideration, the driver, in addition to an administrative fine, can now face criminal punishment. The new rule presupposes a sanction for those who have previously been brought to administrative...

Increase in excise taxes and deductions for sports: new laws that will change the life of Russians from January 1

... (including beer with more than 0.5% ethyl alcohol) and smoke (not only tobacco, but also bidis, cigarillos, e-liquids for electronic nicotine delivery systems), life will become more expensive. This will also affect motorists, since the excise taxes on cars with engines of more than 90 horsepower, motorcycles, motor oils and fuels (both motor gasoline and diesel) will also grow. In addition, from March 1, motorists will have to bear administrative responsibility (a fine of 2 thousand) if the vehicle ...

CHINESE ELECTRIC VEHICLES STARTUP BYTON IS AT RISK OF BANKRUPTCY

... crossover brand Byton is on the verge of ruin. Having discovered another delay in payments under a loan contract, Shanghai Huaxun Network System filed for bankruptcy in the court of Nanjing. Future Mobility company, which planned to produce modern cars under the Byton brand, was founded by the former heads of BMW and Nissan dealerships in Hong Kong. Thanks to the support of the Chinese leadership, the startup has received hefty subsidies, giving investors hope. In 2017, the firm changed its name ...

SUPREME COURT OF RUSSIA: WHAT ARE THE ACTIONS OF CREDITOR IN THE EVENT OF TERMINATION OF THE AGREEMENT WITH BANKRUPT

The Economic Board considered a dispute between bankruptcy trustee and the debtor's creditor. The trustee demanded that the car purchased under the sale and purchase agreement be transferred back to the bankrupt in connection with the termination of the agreement. The creditor objected, recalling that he had not received his money for the goods, and the title of ownership ...

CHINESE ZOTYE AUTO IS ON THE WAY TO BANKRUPTCY

... report that the company is currently trying to undergo reorganization, but the question of the future existence of the trademark has not yet been resolved. Founded in 2005, the company is famous for its ability to create clones of popular European car models. One of the clearest examples of this approach to production was the almost complete copy of the Porsche Macan, which the company produced as an SR9 crossover. Zotye experienced its finest hour in 2016, when it managed to sell more than 328 ...

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