Title of the article

Supervision as a Bankruptcy Procedure

 Authors 

Daniil Yu. Kochetkov — AMaster Student, Institute of Law, Penza State University, 40 Krasnaya Street, Penza, 440026, Russia, dk_96@inbox.ru

 Category 

PRIVATE LAW

Year,.Volume, Number 

2020, Vol. 8, № 2 (30)

 Pages 

182-189

 Article type 

Original article

 Index UDK 

34

 DOI 

10.21685/2307-9525-2020-8-2-20

 Abstract 

Bankruptcy can be defined as one of the most effective and high-quality forms of conflict resolution that occurs between the debtor and its creditors. Using this form allows you to meet the interests of both parties to a certain extent and within certain limits, allowing the debtor to fulfill its obligations and restore its solvency, and creditors to receive the funds owed to it or part of them. However, after the bankruptcy procedure, the debtor is relieved of obligations, which he carried before, but after the completion of bankruptcy proceedings may again start a business. According to the legislative algorithm of bankruptcy regulation, there are several bankruptcy procedures, the specifics of which are determined by specific circumstances. One of these procedures is observation.

 Keywords 

bankruptcy, bankruptcy, legal regulation of bankruptcy, bankruptcy procedures, supervision

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References

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For citation

Kochetkov D.Yu. Supervision as a Bankruptcy Procedure. Electronic scientific journal «Science. Society. State», 2020, vol. 8, no. 2, pp. 182-189, available at: http://esj.pnzgu.ru. DOI: 10.21685/2307-9525-2020-8-2-20. (In Russian).