Section 58. Suspension of Insolvency Proceedings

Proceedings on the insolvency case may be suspended on the grounds provided for by the Economic Procedure Code of the Republic of Uzbekistan.

Suspension of insolvency proceedings shall not prevent the court from considering applications and complaints against the actions (inaction) of the judicial manager, as well as those with respect to disagreements regarding the size, composition and order of satisfaction of creditors' claims.

In the event of suspension of proceedings on the insolvency case, the court shall not be entitled to adopt judicial acts provided for by paragraph one of Article 51 of this Law.

Suspension of proceedings on an insolvency case shall not be an obstacle for the court to issue rulings provided for by this Law, as well as for the judicial manager and other persons participating in the insolvency case to perform the actions provided for by this Law.

If a criminal case is initiated against the head or founders (participants) or the owner of an enterprise or an individual entrepreneur and (or) a natural person for actions (inaction) that led to insolvency, the insolvency proceedings shall be suspended until the court adopts a decision on the initiated criminal case.