Legislative Chamber approves amendments to law “On bankruptcy”
18/09/2014 12:43
Legislative Chamber approves amendments to law “On bankruptcy”
18/09/2014 12:43
Tashkent, Uzbekistan (UzDaily.com) -- Legislative Chamber of Oliy Majlis of Uzbekistan considered a draft law on introduction of changes and amendments to law “On bankruptcy”, which was submitted by the Cabinet of Ministers.
The draft law envisages to strengthen guarantees for creditors on returning their resources through changing order of priority of their claims in the case of bankruptcy of the enterprises.
The document will help to further deepening market reforms and liberalizing economy, improving business climate in Uzbekistan via creation of favourable conditions for business activities, protection of businesses rights.
After discussions, the MPs approved the concept of the law and passed it in the first reading.
Subscribe to our Telegram channel!
23/04/2024Read more
$ 1 | 12667.00 | +0.022% |
1 | 13481.49 | -2.022% |
₽ 1 | 135.77 | -0.506% |