Article 115. Obligations of External Manager
On insolvency (LRU-763-son) · Date: 12.04.2022 · In force
The external manager shall be obliged to:
accept the debtor's property and conduct its inventory;
take measures aimed at searching, identifying and returning the debtor's property held by third parties;
open a special account for external management and settlements with creditors;
develop and submit for approval to the meeting of creditors an external management plan;
maintain financial, accounting, statistical records and provide reporting;
raise objections to the claims of creditors against the debtor;
take measures to collect the debt to the debtor;
maintain a register of creditors' claims;
submit reports to the meeting of creditors on the progress and results of the implementation of the external management plan;
provide, at the request of the creditor, within ten days, information on the financial condition of the debtor and (or) their activities;
provide information on the implementation of the external management plan to the meeting of creditors and the committee of creditors, as well as to the authorized state body, if there is a state share in the charter fund (authorized capital) of the debtor.
The external manager may also have other obligations in accordance with the legislation.
