Upon thriving submitting with the bankruptcy petition, the Cypriot court docket schedules a preliminary hearing and notifies all pertinent get-togethers involved, including the debtor. It really is very important for creditors to become properly-knowledgeable with regard to the hearing timetable and to be prepared to present any more documentation

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Claim Disputes: Insolvency practitioners can accept or dispute statements; unresolved disputes call for courtroom intervention. it is a valid and enforceable judgment and that is approved in any Member condition (other than Denmark). the ecu get for Payment is never appropriate for disputed issues (so not in circumstances the place You can find an