Article 71. Persons Entitled to File Application for Bringing To Subsidiary Liability

Persons participating in the insolvency case from the date of declaring the debtor bankrupt and commencement of liquidation proceedings, as well as the judicial manager, on their own initiative or in accordance with the decision of the meeting of creditors or the committee of creditors or at the direction of the authorized state body, shall have the right to apply to the court with an application for bringing to court subsidiary liability.

If there are grounds provided for in Article 70 of this Law, employees or former employees of the debtor shall have the right to apply to the court for bringing persons to subsidiary liability on the issue of uncovered debt due to insufficient property after the court has issued a ruling on the completion of the liquidation proceedings.

On the grounds provided for in Article 70 of this Law, a person entitled to file an application for bringing to subsidiary liability may apply to the court for bringing to subsidiary liability within three years from the day when they knew or should have known about the existence of relevant grounds for subsidiary liability, but no later than three years after issuance of a court ruling on the completion of the liquidation proceedings against the debtor.