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Recognition of an Unjustified Claim by the Debtor, a Creditor in Bankruptcy Proceedings, or an Authorized Body to Declare a Citizen Bankrupt and Termination of the Bankruptcy Proceeding for the Citizen


Recognition of an application by the debtor, a competitive creditor, or an authorized body to declare a citizen bankrupt and termination of proceedings on the bankruptcy of a citizen is issued by the arbitration court in the absence of other applications to declare a citizen bankrupt, if on the date of the arbitration court session reviewing the validity of the application to declare a citizen bankrupt, the claims of the competitive creditor or the authorized body are satisfied, or recognized as unfounded, or it is established that on the date of submission of the aforementioned application all conditions provided for in articles 213.3 - 213.5 of this Federal law are not met, or the insolvency of the citizen has not been proven, or on the date of submitting the application to declare a citizen bankrupt, the claims of the competitive creditor or the authorized body are not confirmed by a judicial decision that has entered into force and there is a dispute regarding rights between the competitive creditor or the authorized body and the citizen, which must be resolved in accordance with the procedure for filing a lawsuit1.

  1. Federal Law No. 127-FZ of October 26, 2002 "On Insolvency (Bankruptcy)", as amended on September 1, 2020, Article 213.6, paragraph 2 // Official Gazette of the Russian Federation. 2002. No. 43. Article 4190. ↩

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