Circular of the Judicial Deputy of the Judiciary about the necessity of the creditor banks and the organization of social security and tax affairs to be a party to the lawsuit in bankruptcy cases

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-Thursday 2024/10/17 - 12:31
News Code:6154

In part of the circular of the judicial deputy of the judiciary, it is stated:

Considering that in the bankruptcy petitions that are submitted to the judicial authority, the creditor banks as well as the Social Security Organization and the Tax Affairs Organization of the country, which are often among the major creditors of merchants.

In the action of the parties to the bankruptcy case, they are not considered, and accordingly, the court proceedings are carried out without hearing the statements of the said creditors.

In many cases, the bankruptcy claimant is not really bankrupt, but due to the lack of knowledge of the real creditors and, as a result, the inability to provide appropriate information from the creditors to the court, he succeeds in obtaining a bankruptcy order from the court. And in this way, the rights of creditors in cases such as damages for late payment and crimes in the implementation of bankruptcy regulations are removed to their detriment.

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