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THE SUPREME COURT OF RUSSIA CLARIFIED THE LIMITS OF MORATORIUM ON INITIATION OF BANKRUPTCY PROCEEDINGS

The Supreme Court of Russia considered the dispute on declaring the company insolvent. One of the debtor's creditors initiated the case, and the court of the first instance accepted the application and initiated bankruptcy proceedings. However, in subsequent challenges of the claim in the appeal and district courts, the position was found to be incorrect, and the submitted application was returned to the creditor. The reason was the action of the moratorium on bankruptcy in relation to the debtor...

Modified: 05.25.2021
arbitration court , ruling , Supreme Court , moratorium on initiation of bankruptcy , debtor , creditor , Russian National Classifier of Types of Economic Activity , bankruptcy
Path: РусБанкрот - СМИ
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