Therefore, Case for Cancellation of Savings Creditors who cannot collect their receivables from the debtor through enforcement proceedings are granted the Therefore, right to sue to cancel the forgiveness and fraudulent savings made by the debtor for smuggling property. This case, which is regulated in Articles 277 to 284 of the Therefore, Execution and Bankruptcy Law, is called ” case for cancellation of disposition “. In accordance with. EBL 277 , the purpose of the action for Therefore, annulment of disposition is to ensure the satisfaction of creditors. If the . Therefore, annulment case is proven, the plaintiff creditor obtains the authority to obtain his. Rights through compulsory enforcement over the property that is the subject of this case.
What are the Conditions for Cancellation of Savings
Case? Conditions for annulment of savings Saudi Arabia Telegram Number Data lawsuit : There must be a real debt relationship between the creditor and the debtor. There must be a certificate of final or temporary insolvency for the debtor. However, a certificate of insolvency can be presented at any stage of the case. There must be an enforcement proceeding initiated against the debtor and it must be finalized. The disposition to be canceled must be a disposition subject to cancellation in accordance with the EBL. The disposition requested to be canceled must have been made before the debt that is the subject of
enforcement proceedings was born
Which Savings Are Subject to Cancellation? The India Phone Number List Execution and Bankruptcy Law regulates the debtor’s dispositions subject to cancellation under three groups. The cancellable savings listed in the EBL are not counted as a limitation. In order for a disposition to be subject to cancellation, the disposition must have been made after the plaintiff creditor’s receivable was born.