Article 85. Notification on Introduction of Monitoring Procedure
On insolvency (LRU-763-son) · Date: 12.04.2022 · In force
The temporary manager shall be obliged, within three days from the moment of appointment, to send for publication in the mass media a message on the introduction of a monitoring procedure in relation to the debtor in the manner prescribed by Article 53 of this Law.
The temporary manager shall be obliged, no later than ten days from the date of publication of the notice on the introduction of the monitoring procedure, to notify all identified creditors of the debtor, with the exception of creditors for the payment of wage arrears, of the court ruling on the introduction of monitoring in respect of the debtor.
The head of the debtor shall be obliged to notify the debtor's employees, founders (participants) or the owner of the debtor's property no later than three working days from the date of receipt of the court ruling on the introduction of a monitoring procedure in relation to the debtor.
Notification of creditors about the introduction of the monitoring procedure, with the exception of creditors for the payment of wage arrears, shall be carried out by sending a message to the creditor in a way that makes it possible to establish the date of receipt by the creditor of such a message.
Notification of creditors of claims for payment of wage arrears shall be carried out by convening and holding a general meeting of the debtor's employees.
Notification of the founders (participants) of the debtor shall be carried out by convening a general meeting of founders (participants) or sending a message to the body of a legal entity that shall have the right to convene a general meeting of founders (participants) in accordance with the legislation or constituent documents about the introduction of a monitoring procedure in relation to the debtor.
A notice on the introduction of a monitoring procedure with respect to the debtor must contain:
name (surname, name, patronymic) of the debtor, its location (postal address), e-mail address (upon availability);
name of the court which issued the ruling on the introduction of a monitoring procedure with respect to the debtor, the date of issuance of such a ruling and the number of the insolvency case;
surname, name, patronymic of the appointed temporary manager and their postal address;
date, time and place of the court session set by the court to consider the insolvency case;
