Article 21. Interested Persons
On insolvency (LRU-763-son) · Date: 12.04.2022 · In force
Interested parties in relation to the debtor which is a legal entity shall be:
a legal entity that is parent or dependent in relation to the debtor in accordance with the legislation;
head of the debtor, as well as persons who are members of the supervisory board, the collegiate executive body, the chief accountant (accountant), including in cases of termination of the employment contract with them within one year before the initiation of insolvency proceedings;
founders (participants) of a legal entity or the owner of the debtor's property.
An interested person with respect to a natural person, including a debtor who is an individual entrepreneur, in this Law shall be meant their spouse, relatives in a direct ascending and descending line, sisters, brothers and their relatives in a descending line, parents, sisters and brothers of the spouse.
Interested parties in relation to judicial managers, creditors shall be determined in accordance with parts one and two of this Article.
