News 2 - The Verkhovna Rada of Ukraine adopted the Bill on Amendments to the Law "On Restoration of Debtor's Solvency or Recognition of Debtor's Bankruptcy" (re Termination of Proceedings on the Case concerning Bankruptcy) - Verkhovna Rada of Ukraine

The Verkhovna Rada of Ukraine adopted the Bill on Amendments to the Law "On Restoration of Debtor's Solvency or Recognition of Debtor's Bankruptcy" (re Termination of Proceedings on the Case concerning Bankruptcy)

Published on 06 October 2010, at 13:13

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The bill (Reg. No.3528) introduces amendments to Clauses 8 and 40 of the effective Law, pursuant to which, in case a municipal enterprise is a debtor, the appeal on the institution of proceedings in bankruptcy case shall be not accepted or the economic court shall terminate the proceedings in bankruptcy case.

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