Article 144. Rights and Obligations of Liquidation Manager

From the date of appointment of the liquidation manager, all powers to manage the debtor's affairs and dispose of the debtor's property shall be transferred to them.

The liquidator shall have the right to:

dispose of the debtor's property in accordance with Article 118 of this Law;

terminate employment contracts concluded with employees, including with the head of the debtor;

refuse to execute the debtor's contracts in the manner prescribed by Article 119 of this Law;

receive loans to finance current expenses associated with liquidation proceedings, in agreement with the meeting of creditors;

file claims for the invalidation of transactions made by the debtor, if there are grounds provided for by legislation;

to use public services, including services provided through public service centers, without making advance payments;

carry out preparation, re-preparation for state registration of cadastral documents for real estate of the debtor without advance payment;

use reports, acts of inspections and other materials related to the financial and economic activities of the debtor enterprise, available to the bodies of the state tax service;

present claims against persons who bear subsidiary liability for monetary obligations and (or) taxes and fees of the debtor in connection with bringing it to insolvency. The amount of these claims shall be determined on the basis of the difference between the amount of creditors' claims and the liquidation estate. The collected amounts shall be included in the liquidation estate and can only be used to satisfy the claims of creditors in the manner prescribed by Articles 149 , 150 and 185 of this Law.

The liquidation manager may also have other rights in accordance with the legislation.

The liquidator shall be obliged to:

take control of the debtor's property, conduct an inventory of it and organize an assessment, take measures to preserve it;

analyze the financial condition of the debtor;

convene a meeting of creditors and a committee of creditors;

take measures to recover the debt to the debtor;

protect the rights and legitimate interests of the debtor's employees during its liquidation and notify them of the upcoming termination of the employment contracts concluded with them;