The Concept and Characteristics of Bankruptcy Procedures for Business Entities With the Status of a Legal Entity

Ibratova  F. B.

doi:10.47494/mesb.v20i.1039

(1) Ibratova F. B. Associate Professor of the Tashkent State University of Law, Doctor of Law
Uzbekistan
(*) Corresponding Author

DOI:

https://doi.org/10.47494/mesb.v20i.1039

Keywords:

bankruptcy, bankruptcy procedures, solvency, judicial reorganization, external management, liquidation proceedings, measures, measure

Abstract

The article analyzes the issues of bankruptcy procedures, is considered as one of the ways to reform an enterprise. The concept of "bankruptcy procedure" must include a general and special dialectical unity. It is concluded that the basic universality of the “bankruptcy procedure” is the first feature, because it describes any activity carried out in accordance with bankruptcy law and that bankruptcy procedures for legal entities can be divided into two groups: solvency restoration procedures and liquidation proceedings.

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