That is, if the savings were made within two years or one year, it will be subject to cancellation. In order to cancel such a disposition, an annulment lawsuit must be filed within five years from the date of the disposition. When Does the 5-Year Period of Cancellation of Savings Start? In accordance with EBL Article 284; “The right to an annulment action expires five years from the date of void disposition.” Considering the relevant provision, the 5-year period for cancellation of the disposition starts from the date of the canceled disposition. Who is the 3rd Party in the
Cancellation of Savings
Case? In the action for . Annulment of Sweden Telegram Number Data disposition, it is requested that the transactions made by the debtor . With third parties for the purpose of evasion . Of goods from creditors be deemed null and void. In this way, it is ensured that the creditor obtains his receivables through compulsory enforcement on the assets disposed of by the debtor. As can be seen, the third party in the annulment of the disposition . Case is the person in whose favor the disposition subject to annulment was made.
In other words, it refers to the other side of the
Disposition transaction made by the Latvia Phone Number List debtor, against whom enforcement proceedings have been initiated and finalized, in order to smuggle goods from the creditor. The third party is the defendant together with the debtor in the action for cancellation of the disposition. The action for cancellation of disposition includes a special regulation for a bona fide third party .