Amendments to the Insolvency Law. Prohibition of the Company's Funding for a Period of 5 Years and the Reduction of Duration of Proceedings

Digi 24

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The Ministry of Justice announces that it is working on a draft amendment of the insolvency law, which provides for a stricter requirement to draw up the assessment report of the debtor's state and the reasons for the insolvency, the prohibition of the fund...

ZF.ro

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The Ministry of Justice has published the amendments to the insolvency law, which will be included in the second tax reform package which...

Mediafax

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Mediafax The project proposes to consolidate the responsibility of administrators, including those of the facts, and to establish clearer obligations on reporting and justifying financial decisions. The ban is introduced as a ban on sanctions imposed on companies for five years and extends the prohibition of holding management functions. It also regulates the sale of goods to creditors' affiliates in breach of creditors and it is assumed that th…

Adevarul

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The Ministry of Justice, in collaboration with the Ministry of Finance and the National Authority for Tax Administration, has drawn up a set of proposals for amending Act No 85/2014 to be included in the second reform package, which will be finalised during the next period.