{"id":11672,"date":"2020-07-13T11:39:43","date_gmt":"2020-07-13T08:39:43","guid":{"rendered":"https:\/\/beta.kreston.ro\/2020\/07\/13\/law-113-2020-for-the-amendment-and-completion-of-some-normative-acts-in-the-field-of-insolvency-was-published\/"},"modified":"2020-07-13T11:43:57","modified_gmt":"2020-07-13T08:43:57","slug":"law-113-2020-for-the-amendment-and-completion-of-some-normative-acts-in-the-field-of-insolvency-was-published","status":"publish","type":"post","link":"https:\/\/kreston.ro\/en\/law-113-2020-for-the-amendment-and-completion-of-some-normative-acts-in-the-field-of-insolvency-was-published\/","title":{"rendered":"Amendments to Law 113\/2020 on insolvency"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text]The main provisions brought by law are the following:<\/p>\n<p>\u2022 Increasing the threshold for debts based on which the insolvency is requested. The new threshold is RON 50,000 (the former threshold was RON 40,000);<br \/>\n\u2022 The condition related to the fact that the request can be submitted by the debtor only if the amount of budget debts is less than 50% of the declared total debts has been repealed;<br \/>\n\u2022 Removal of the mention according to which the forced execution can be started for the debts accumulated during the insolvency procedure;<br \/>\n\u2022 The possibility of assigning fiscal debts without conditions (e.g. the assignment price to be equal to the value of budgetary receivables).[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text]The main provisions brought by law are the following: \u2022 Increasing the threshold for debts based on which the insolvency is requested. The new threshold is RON 50,000 (the former threshold was RON 40,000); \u2022 The condition related to the fact that the request can be submitted by the debtor only if the amount of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14902,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[262],"tags":[],"class_list":["post-11672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax-alert-en"],"_links":{"self":[{"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/posts\/11672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/comments?post=11672"}],"version-history":[{"count":3,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/posts\/11672\/revisions"}],"predecessor-version":[{"id":11676,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/posts\/11672\/revisions\/11676"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/media\/14902"}],"wp:attachment":[{"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/media?parent=11672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/categories?post=11672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kreston.ro\/en\/wp-json\/wp\/v2\/tags?post=11672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}