Bankruptcy debtor

Law on Bankruptcy

The Petition for Initiating Bankruptcy Proceedings

The Law on Bankruptcy (“Off. Herald of the Republic of Serbia”, Nos. 104/2009, 99/2011 – other law, 71/2012 – decision of the Constitutional Court, 83/2014, 113/2017, 44/2018, 95/2018, and 44/2025 – decision of the Constitutional Court) shall govern the manner and conditions of initiating and conducting bankruptcy proceedings against legal entities. Bankruptcy proceedings, within the…
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Law on Banckruptcy and the Law on Enforcement and Security

Reorganisation plan as a enforceable document

Bankruptcy proceedings, within the meaning of the Law on Bankruptcy, shall be insolvency or reorganisation. Insolvency shall mean creditor satisfaction through the sale of entire assets of the bankruptcy debtor, or the sale of the bankruptcy debtor as a legal entity. Reorganisation shall mean creditor satisfaction accomplished under the adopted plan of reorganisation by redefining…
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