Article 240. Consequences of Refusal to Liquidate Legal Entity by Way of Insolvency

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

Violation of the requirements provided for by part two of Article 238 of this Law shall be the basis for refusing to make an entry on the liquidation of a legal entity in the unified state register of legal entities.

The chairperson of the liquidation commission or the liquidator who has committed a violation of the requirements provided for by paragraph two of Article 238 of this Law shall bear subsidiary liability for unsatisfied claims for monetary obligations and (or) taxes and fees of the legal entity under liquidation.

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Source of the text

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 240. Consequences of Refusal to Liquidate Legal Entity by Way of Insolvency On insolvency (LRU-763-son). neolex.uz/en/laws/law-5957616/240 (lex.uz/docs/6352957)