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Altai-Sdobri company is at risk of bankruptcy due to the claims of tax authorities

The Arbitration Court of the Altai Territory accepted the insolvency claim of the tax service against Altai-Sdobri LLC for production. The confectionery company runs the risk of launching bankruptcy proceedings due to a 1 million rubles debt to the budget. Most of the amount is the principal debt, but there are also penalties. It is interesting that it has been the second attempt by the tax authority to initiate the bankruptcy proceedings ...

Azov Grain Company declares bankruptcy

An insolvency petition against Azov Grain Company LLC was filed with the Arbitration Court of the Rostov Region. The claim is based on the presence of debts in the amount of over 1 billion rubles. The ... ... the bank, which is currently the only participant in the potential debtor company, had already taken measures to declare its bankruptcy. Then the case was tied with the debt in the amount of 9 million rubles. However, in the process of considering the ...

WIRE PRODUCING PLANT WENT BANKRUPT IN ORYOL

The Arbitration Court of the Oryol Region made a decision to declare the insolvency of Prommetiz Rus LLC. The company is engaged in the production of wire. The day before, a bankruptcy procedure was introduced against the company, and a bankruptcy trustee was appointed. Tax inspectorate acted as the initiator of the bankruptcy process, the debt to which exceeded 8 million rubles. Among the grounds for collection of funds,...

THE SUPREME COURT OF RUSSIA: INTERIM MEASURES CANNOT BE LIFTED BY ARGUMENT OF INCONVENIENCE

... economic activities. When satisfying the application, the court of first instance referred to the violation of the balance of interests, since the seizure of property prevents the fulfillment of obligations to a third party not participating in the bankruptcy case. The court of appeal, supporting a colleague, noted that the debtor was a large taxpayer, owned a large number of assets and did not take measures to alienate them. The District Court agreed with the arguments of colleagues and upheld ...

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