Bank Of Baku

Persons failing bank debts banned from leaving country in Azerbaijan

Persons failing bank debts banned from leaving country in Azerbaijan
# 12 October 2010 14:15 (UTC +04:00)
Note that the responsibility problem on the persons failing the execution of court decision on purpose was made strictly.

According to him the persons failing the executions of court decisions voluntary are banned from the leaving country. This restriction is applied in accordance to presentation of executive officials when the persons fail the execution of court decision for inadequate reason.

Besides the fine for not execution of court decision intentionally is AZN 500-100 or arrest for ten days for individuals, AZN 1000-3000 for officials, AZN 3000-5000 for legal entities.
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