Status Of Bankruptcy Proceedings And Concordat Claims
Although Article 330 of the law No. 2004 does not contain a provision on bankruptcy proceedings, the decision clearly affected bankruptcy proceedings as well as enforcement proceedings. For this reason, the path of subsequent bankruptcy cannot be followed until 30.04.2020. For this reason, it is necessary to accept that their current bankruptcy and liquidation will stop. In contrast, because direct bankruptcy claims are urgent and are non-contentious judicial affairs, we believe that exceptional respite will not prevent these claims from being put forward.
In the decision, there is no regulation that will prevent the debtor from requesting a concordat during the period during which the decision to stop the execution is in force. But due to the fact that no follow-up can be made during this period, the borrower does not have a legally protected benefit in making such a request
we do. In contrast, the concordato process maintenance operations should also stop in exceptional respite and the periods should not work. As a matter of fact, the collection and voting of creditors are transactions that should not be performed in this process, and the periods should not be processed in the Concordat. So in the law
April 20 March-April 30 2020 will not operate between another statement and the Concordat respite will be effectively extended in this way