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Bankruptcy formalization procedure changed in Armenia

18.09.2020 15:39

Bankruptcy formalization procedure changed in Armenia

YEREVAN, September 18. /ARKA/. Armenia’s National Assembly passed Friday in the second, final reading amendments to the law on bankruptcy.

Previously, the bankruptcy-formalizing procedure on the basis of the submitted application began if there was a delay in indisputable payment obligations in the amount of 1000 times the minimum wage, that is, by 1 million drams. The adopted amendments will double the amount of debt required to initiate bankruptcy proceedings.

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Armenia changes pledge registration procedure to upgrade its rank in Doing Business

06.03.2020 17:56

Armenia changes pledge registration procedure to upgrade its rank in Doing Business

Armenia’s National Assembly passed Friday at the second, final reading a package of amendments to the Civil Code and the law on registration of the movable property right. The amendments imply changes in the pledge registration procedure

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Parliament of Armenia facilitated the procedure of sale of mortgage property

10.05.2011 17:29

Parliament of Armenia facilitated the procedure of sale of mortgage property

Parliament of Armenia facilitated the procedure of sale of mortgage property.

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