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#BANKRUPTCY

Business

Armenian tax authority will be awarded the right to file petition for forced bankruptcy of individuals

A standing committee of the Armenian National Assembly in charge of state and legal affairs, green-lighted on Thursday a legislative initiative that vests the State Revenue Committee (SRC) with power to file a petition for forced bankruptcy of a physical person.

24.11.2023, 09:27

Business

Salzburg Schokolade company, producer of iconic Mozartkugel files for bankruptcy

On Monday, in a surprise turn of events, the manufacturer of the iconic Austrian Mozartkugel chocolates filed for bankruptcy. Salzburg Schokolade did not give out any hints that it was under financial strain and the announcement caught the public off guard, according to themayor.eu.

01.12.2021, 10:03

Society

Armenia to raise state duties for filing lawsuits

The Armenian parliament is considering in the first reading a set of amendments to the law “On State Duty” and a number of related laws, which if approved would raise significantly the size of state duties for filing lawsuits.

02.03.2021, 16:54

Business

Armenian SRC reveals deliberate bankruptcy case

Armenia's State Revenue Committee (SRC) said today it has exposed a case of deliberate bankruptcy, which caused the state 200 million drams in damage.

23.09.2020, 19:47

Business

Economist says Armenian SMEs may appear on verge of bankruptcy

Small and medium-sized businesses in Armenia may appear on the verge of bankruptcy in the event of a second wave of COVID-19, Eduard Petrosyan from the Center for Research on Economic Initiatives, said at an online press conference on Monday.

22.06.2020, 17:24

Business

Armenian MP suggests amending law on bankruptcy

Mikael Melkumyan, an Armenian parliament member from the opposition Prosperous Armenia party, suggested today amending the law on bankruptcy.

20.05.2020, 15:51

Business

Armenian government to reform bankruptcy law

Armenia's Deputy Minister of Justice Rafik Grigoryan presented to the lawmakers today a set of amendments to the Law on Bankruptcy and related legal acts before they were put for second reading.

12.12.2019, 17:48

Business

SRC recovers hundreds of millions of drams

Armenia’s State Revenue Committee (SRC) said it has recovered hundreds of millions of drams.

29.06.2018, 14:11

Business

Air Armenia to be liquidated – media report

Air Armenia will be liquidated, Zhoghovurd reported on Thursday.

14.07.2016, 12:52