EFFECT OF BANKRUPTCY ON THE RIGHT TO CLEARANCE

The filing of bankruptcy does not have any effect on the right to barter as a rule. creditor receivable,
the bankrupt can exchange it with his own debt. However, equality between creditors in bankruptcy
In some cases, exchange cannot be made in bankruptcy in order not to spoil and abuse this right. This
situations are:

  • If the debtor of the bankrupt becomes the creditor of the bankruptcy after the bankruptcy is filed,
  • If the bankrupt’s creditor becomes the debtor of the bankrupt or the table after the bankruptcy is filed,
  • If the creditor’s claim is based on a pregnant written year,
    *In the event of bankruptcy of joint stock, limited and cooperative companies, the unpaid parts of the share prices to be paid in accordance with the articles of association or the capital debt that has been committed but not paid, cannot be exchanged with the debts of these companies and cooperatives.

If the debtor of the bankruptcy, knowing that his creditor was incapacitated before the bankruptcy was filed, and to the detriment of the table, in order to obtain a benefit in the form of barter for himself or a third party, an objection may be filed against the bankruptcy against the bankruptcy. The lawsuit to object to this swap is filed in the commercial court of first instance in the place where the bankruptcy was decided.

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