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Three-day time limit may be approved for termination of enforcement proceedings in Russia

Several deputies of the State Duma came up with the initiative to reduce the deadlines for completing enforcement proceedings. On January 13, 2022, draft law No. 55151-8 was officially registered and sent for further discussion.... ... deputies drew attention to the fact that the current rule of law is in conflict with the provision of the law ‘On Insolvency (Bankruptcy)’. The end of the recovery must take place immediately after the debtor has received the status of bankrupt (Article ...

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