Advanced Search

Amendment Of The Act On Bankruptcy And Settlement

Original Language Title: Novela zákona o konkursu a vyrovnání

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
94/1996 Coll.



LAW



of 13 October. in March 1996,



amending and supplementing Act No. 328/1991 Coll., on bankruptcy and

the settlement, as subsequently amended, Act No. 455/1991 Coll., on the

trades (Trade Act), as amended

legislation, Act No. 513/1991 Coll., the commercial code, as amended

regulations, and Act No. 40/1964 Coll., the civil code, as amended

the laws of the



Modified: 296/2007 Sb.



Change: 89/2009 Sb.



Parliament has passed the following Act of the United States:



Article. (I)



cancelled



Article II



Act No. 455/1991 Coll., on trades (Trade Act),

as amended by Act No. 234/1992 Coll., Act of the Czech National Council No. 591/1992

Coll., Act No. 600/1992 Coll., Act No. 273/1993 Coll., Act No. 303/1993

Coll., Act No. 42/1994 Coll., Act No. 38/1994 Coll., Act No. 133/1994

Coll., Act No. 200/1994 Coll., Act No. 283/1995 Coll. and Act No. 95/1996

Coll., is amended as follows:



1. section 8 (2). 1 to 3 shall be added:



"(1) the Business cannot operate any natural or legal person on whose

the property was declared bankrupt by the Court where it was decided that the

the operation of the undertaking must be terminated.



(2) natural or legal person may not operate a business for a period of three

years after the Court set aside the bankruptcy because it has been met by the scheduling

resolution or that the debtor's assets is insufficient to cover the costs of the bankruptcy.

If the audition is cancelled for any other reason, an obstacle to trade

referred to in paragraph 1 eliminates the legal decision on cancellation of bankruptcy.



(3) the Business cannot operate for three years whether or not natural or

legal person in respect of whom the proposal was rejected for the Declaration of bankruptcy

lack of assets. ".



2. In section 8 paragraph 1. 4, the words "in paragraphs 1 and 2 shall be replaced by in

the first sentence of paragraph 2 and in paragraph 3 ".



Article. (III)



cancelled



Article IV



cancelled



Article. In



(1) this Act applies to proceedings commenced prior to its effectiveness; legal

the effects of the acts that have occurred previously, are maintained.



(2) the claims after the review meeting, which took place before the

effect of this Act, may be filed within two months from the effectiveness of this

the law, do not have to be excluded from the meet in bankruptcy.



Čl.VI



cancelled



Article. (VII)



This Act shall take effect on 1 January 2000. June 1996.



Uhde in r.



Havel, v. r.



Klaus r.