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Amendments to the Insolvency Law. Prohibition of the Company's Funding for a Period of 5 Years and the Reduction of Duration of Proceedings

Summary by Digi 24
The Ministry of Justice announces that it is working on a draft amendment of the insolvency law, which provides for a stricter requirement to draw up the assessment report of the debtor's state and the reasons for the insolvency, the prohibition of the fund...

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The Ministry of Justice announces that it is working on a draft amendment of the insolvency law, which provides for a stricter requirement to draw up the assessment report of the debtor's state and the reasons for the insolvency, the prohibition of the fund...

·Romania
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Lean Right

The Ministry of Justice, in partnership with the Ministry of Finance and the National Administration of Taxation, has prepared a draft amendment to the insolvency law No 85/2014, which is to be included in the second package of reforms planned for the next period. Article The Act is amended in Romania. The Bolojan Government has been seized in these Romania for the first five years.

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The proposals include a reduction in the duration of the procedure and an increase in the rate of recovery of the taxes and taxes recovered by insolvency companies, as well as a reduction in the duration of the insolvency procedure.

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The Ministry of Justice has published the amendments to the insolvency law, which will be included in the second tax reform package which...

·Ilfov County, Romania
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The Ministry of Justice has presented a set of principles that will be based on the reform of insolvency-related legislation.The announcement comes one day after the Chief of Finance, Alexandru Nazare, announced what fiscal reform measures will soon be implemented.

·Bucharest, Romania
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Mediafax The project proposes to consolidate the responsibility of administrators, including those of the facts, and to establish clearer obligations on reporting and justifying financial decisions. The ban is introduced as a ban on sanctions imposed on companies for five years and extends the prohibition of holding management functions. It also regulates the sale of goods to creditors' affiliates in breach of creditors and it is assumed that th…

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Adevarul broke the news in Romania on Thursday, August 14, 2025.
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