Attorney Dragana Djordjevic » Dragana Đorđević (53)

Enforcement of claims from client’s accounts

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Enforcement of claims from client’s accounts (Enforced collection) shall be realized in accordance with the provisions of articles 47. to 49. of Law on Payment Transactions (FRY Official Gazette, Nos 3/2002 and 5/2003, RS Official Gazette, Nos 43/2004, 62/2006, 111/2009, 31/2011 and 139/2014). The execution titles, the order of fulfilment of the execution titles and the procedure of realization of the enforced collection are regulated by those legal provisions.

Enforced collection – titles and the order of fulfilment of titles

Enforcement of claims from client’s accounts shall be made against all of the client’s accounts with banks in which the client holds funds, and shall be made on the basis of:

  • enforceable decisions issued by tax, customs and other competent bodies – according to the time of receipt
  • enforceable court decisions, other execution titles, legal authorisations – according to the time of receipt
  • creditors’ orders in respect of matured securities, bills of exchange or mandates given by the debtor to its bank and its creditor – according to the time of receipt Continue reading Enforcement of claims from client’s accounts →

Motor vehicle insurance

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Motor vehicle insurance can be compulsory and volunatary.

Compulsory motor vehicle insurance

The motor third party liability insurance represents insurance against liability of owners or users of the motor vehicles for the damage caused to third parties or for damage to or destruction of things during a using of the motor vehicle.

In almost all countries, was introduced as a compulsory insurance.

According to provisions of Article 4 of Law on Compulsory Traffic Insurance the owners of means of transport, used for public transport, and the owners of other means of transport (motor vehicles, boats, aircrafts) , shall be required to sign a contract on compulsory insurance before the means of transport is used for transport. Continue reading Motor vehicle insurance →

The Employment Contract

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The employment relation shall be established by an employment contract which shall be concluded between an employee and an employer. The employment contract shall be considered concluded when signed by the employee and the director or entrepreneur. The employment contract instead of directors or entrepreneurs may sign and employees who are authorized by them, while employee must conclude employment contract in person.

Employer and employee may conclude an employment contract either for a indefinite or definite period of time and if in the employment contract has not been determined the period of time of its validity, it shall be considered that such a contract has been concluded for an indefinite period.

The obligation of the employer and employee is to conclude the employment contract exclusively in writing before the beginning of work of the employee. Should an employer fail to conclude the employment contract with an employee before his beginning of work, it shall be considered that the employee has established the employment relation for an indefinite period of time – as of the day of taking the job. Continue reading The Employment Contract →