Azerbaijan develops new draft law on "Consolidation and Bankruptcy"

Azerbaijan develops new draft law on "Consolidation and Bankruptcy"
# 23 September 2024 12:19 (UTC +04:00)

The "Business Bankruptcy" working group of the Commission on Business Environment and International Rankings headed by the Ministry of Justice of the Republic of Azerbaijan met with business entities with the support of the Small and Medium Business Development Agency, APA-Economics reports.

During the meeting, it was emphasized that the preparation of a new draft law "On Consolidation and Bankruptcy" has been started.

For this purpose, foreign experts specialized in the field of bankruptcy from the USA and Germany have been involved by the World Bank.

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THE OPERATION IS BEING PERFORMED