Bankruptcy and Concordat Follow-up

Status of Bankruptcy Proceedings and Concordat Requests
Although there is no provision regarding bankruptcy proceedings in Article 330 of the Law No. 2004, it is stated in the Decision.
In addition to the enforcement proceedings, bankruptcy proceedings were also affected. For this reason, until 30.04.2020
bankruptcy cannot be followed. For this reason, it should be accepted that the current bankruptcy and liquidation will stop. This
On the other hand, direct bankruptcy claims are exceptional because they are urgent and uncontested jurisdictions.
We are of the opinion that the deadline will not prevent these claims from being put forward.
In the Decision, the debtor’s request for concordat within the period in which the decision to stay execution is in effect.
There is no regulation to prevent it. However, it will not be possible to follow up during this period.
The debtor does not have a legally protected interest in making such a request.
we are of the opinion. On the other hand, the procedures to be carried out in terms of the concordat process are also extremely timely.
It should stop in and the times should not run. As a matter of fact, this process is the gathering and voting of the creditors.
There are transactions that should not be done in the concordat, and the deadlines should not apply in the concordat. Thus, in the law
The deadlines will not run between 20 March -30 April 2020, in other words, the concordat deadline is this
will actually be prolonged

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