LAW OF THE REPUBLIC OF TAJIKISTAN

of January 2, 2019 No. 1557

About modification and amendments in the Civil Code of the Republic of Tajikistan (part one)

Accepted by the Resolution MH MOPT of October 17, 2018, No. 1195

Approved by the Resolution MM MORT of December 25, 2018, No. 581

Article 1. Bring in the Civil code of the Republic of Tajikistan (part one) accepted by the Law of the Republic of Tajikistan of June 30, 1999 (Akhbori of Majlisi Oli of the Republic of Tajikistan, 1999, No. 6, the Art. 153, Art. 154; 2001, No. 7, Art. 508; 2002, No. 4, h 1, Art. 170; 2005, No. 3, Art. 125; 2006, No. 4, Art. 193; 2007, No. 5, Art. 356; 2010, No. 3, Art. 156, No. 12, h 1, Art. 802; 2012, No. 7, Art. 700; No. 12, h 1, Art. 1021; 2013, No. 7, Art. 504; 2015, No. 3, Art. 200; 2016, No. 7, Art. 612), following changes and amendments:

1. To state part 3 of Article 26 in the following edition:

"3. The satisfaction of requirements of creditors of the individual entrepreneur in case of recognition by his bankrupt is performed at the expense of the property belonging to it on which collection, according to the procedure and priorities, can be turned by the established legislation of the Republic of Tajikistan on bankruptcy.".

2. Regarding the 4th Article 64 "heel" to replace the word with the word of "fourth".

3. Add with Article 64 (1) the following content:

"Article 64 (1). The personal estate of the liquidated legal entity provided as providing

1. The personal estate of the liquidated legal entity provided as providing (pledge, leasing and other methods of providing) is allocated and transferred to the secured creditor for realization.

2. The secured creditor shall take honesty measures for realization of subject of providing so that it was profitable to all parties concerned taking into account real conditions of reality.

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