Article 226. Special Considerations with Respect to Evading Execution of Transaction Concluded by Debtor Who is Natural Person

On insolvency (LRU-763-son) · Date: 12.04.2022 · In force

An application for the invalidation of transactions concluded by a debtor who is a natural person may be filed with the court by a financial manager on own initiative or by decision of a meeting of creditors or a committee of creditors, as well as by a creditor or an appropriate authorized body on the basis of Articles 63 , 64 and (or) 65 of this Law.

The right to file an application for the invalidation of transactions concluded by the debtor who is a natural person, shall arise from the date of the procedure for restructuring the debt of a natural person on the basis of Articles 63 , 64 and (or) 65 of this Law.

An application for the invalidity of transactions made by the spouse of the debtor, who is a natural person, in relation to the common property of the spouses, in the case of the insolvency of a natural person, shall be filed on the grounds provided for by family legislation.

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National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/6352957

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Cite as: Article 226. Special Considerations with Respect to Evading Execution of Transaction Concluded by Debtor Who is Natural Person On insolvency (LRU-763-son). neolex.uz/en/laws/law-5957616/226 (lex.uz/docs/6352957)