LAW OF THE REPUBLIC OF ARMENIA

of March 24, 2021 No. ZR-89

About entering of amendments and changes into the Law "About Bankruptcy"

Accepted by National Assembly of the Republic of Armenia on March 3, 2021

Article 1. No. ZR-51 "About bankruptcy" (further - the Law) after the words "except for the claims submitted to managing directors" to add part 3 of article 4 of the Law of December 25, 2006 with words "or the claims submitted based on the Law of the Republic of Armenia "About confiscation of property of illegal origin".

Article 2. From the Item of part 1 of article 12 of the Law of the word"," to exclude the following proposal of the managing director on the case of bankruptcy.

Article 3. To add part 3 of article 13 of the Law with the Item "to" of the following content:

"j) Prosecutor General's Office of the Republic of Armenia.".

Article 4. To add Item 1 of part 1 of article 15.4 of the Law with the subitem "k" of the following content:

"j) Prosecutor General's Office of the Republic of Armenia.".

Article 5. Parts 1 of article 19 of the Law after line "-State commission on protection of the economic competition of the Republic of Armenia" to add the Item "in" with new line of the following content:

"-Prosecutor General's Office of the Republic of Armenia.".

Article 6. To exclude the word "three-months" from Item 1 of part 3 of article 27.3 of the Law.

Article 7. "Court" to add part 3 of article 27.4 of the Law after the word with the words "for the purpose of consideration of question of early termination of powers of the managing director within its powers, the stipulated in Clause 32 presents of the Law".

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