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The Supreme People's Court of Vietnam: Benchbook Online

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14. Applying measures for preservation of assets owned by the enterprise or cooperative which has been inslovent


Related legal documents
  • Bankruptcy Law (Articles 43, 44, 45, 46, 47 and 48)
  • Resolution No. 03/2005/NQ-HDTP dated 28 April 2005 of the SPCJC providing guidelines for implementation of a number of provisions of the Bankruptcy Law 2005 (hereinafter referred to as Resolution No. 03/2005) (Section 1 and Section 2 of Part IV)
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    Main duties and practical skills:

    When conducting bankruptcy procedures, upon request by the asset management and liquidation team, unsecured creditor or the enterprise or cooperative, the Judge shall consider issuing decision to apply measures for preservation of assets of the enterprise or cooperative requested to commence bankruptcy procedures, as stipulated by the Bankruptcy Law.