Law on Bankruptcy

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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Insurance Law

Professional liability insurance in Serbia

Professional liability insurance provides insurance protection to the insured for claims for compensation of ordering parties of services that are the result of professional fault of the insured in performing the registered activity and for which the Insured is liable under the law. Professional fault is a violation and / or derogation of the existing…
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Security to the insured person

Compulsory insurance against liability

Insurance against liability insurance is important for the policyholder, which has a policy for this type of insurance, as well as for the person who has suffered damage from the policyholder. The importance, which the insurance against liability has for the policyholder, is that it provides security to the insured person. The insurance company instead…
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