Law on Enterprise
Law on Bankruptcy 2014

Law on Bankruptcy 2014

Update: 21/12/2016 | 3:41:43 PM - Dragon Law Firm

This Law regulates the procedure for submitting, receiving petitions, initiating bankruptcy process; the asset liabilities and measures for asset preservation ...

THE NATIONAL ASSEMBLY
--------

THE SOCIALIST REPUBLIC OF VIETNAM Independence – Freedom – Happiness
---------------

No. 51/2014/QH13

Hanoi, June 19th, 2014

 

LAW

ON BANKRUPTCY

Pursuant to the Constitution of the Socialist Republic of Vietnam;

The National Assembly promulgates the Law on Bankruptcy.

Chapter I

GENERAL PROVISIONS

Article 1. Scope

This Law regulates the procedure for submitting, receiving petitions and initiating bankruptcy process; the asset liabilities and measures for asset preservation during bankruptcy settlement; procedure for business operation recovery; the declaration of bankruptcy and implementation of Decisions on the declaration of bankruptcy.

Article 2. Regulated entities

This Law shall be applied to enterprises and cooperatives or cooperative unions (hereinafter referred to as cooperatives) which are established and run in accordance with the regulations of the law.

Article 3. Application of Law on Bankruptcy

1. The Law on Bankruptcy is applied to the bankruptcy process of every enterprise and cooperative based in the territory of Vietnam.

2. In case an international agreement to which Vietnam is a signatory contravenes regulations of this Law, such international agreement shall prevail.

...

Download here

Article 132. Effect

1. This Law shall come into effect from January 01, 2015.

2. The Law on Bankruptcy No. 21/2004/QH11 shall expire from the effective date of this Law.

Article 133. Instructions on implementation

The Government, Supreme People’s Court and Supreme People’s Procuracy shall provide instructions on the implementation of the articles and clauses in the Law.

This Law has been passed by the 13th National Assembly of the Socialist Republic of Vietnam at the 7th meeting on June 19, 2014.

 

 

THE PRESIDENT OF THE NATIONAL ASSEMBLY



Nguyen Sinh Hung

 

Download
Other News

Form for Registration of Multi-Member Limited Liability Company

Form for Registration of Multi-Member Limited Liability Company

Dragon Law provides the form for enterprise registration of multi-member limited liability company.

Decision on Allocation, Use, Management Bar Codes 2006

Decision on Allocation, Use, Management Bar Codes 2006

The Minister of Sicence and Technology provides with this Decision the Regulation on allocation, use and management of article numbers and barcodes.

Law on Legal Assistance 2007

Law on Legal Assistance 2007

This Law prescribes the principles, competence, order and procedures for the provision of legal assistance in civil and criminal matters, extradition and transfer of persons who are serving imprisonment sentences between Vietnam and foreign countries; and responsibilities of Vietnamese state agencies in legal assistance.

Decree No.218/2013/ND-CP Detailing & Guiding Implementation of Law on Corporate Income Tax

Decree No.218/2013/ND-CP Detailing & Guiding Implementation of Law on Corporate Income Tax

This Decree regulates in detail and guides the implementation of a number of articles of the Law on corporate income tax and the Law on amending and supplementing a number of articles of the Law on corporate income tax ...

Law on adoption

Law on adoption

This Law provides the principles and conditions for adoption; competence, order and procedures for settling adoptions; rights and obligations of adoptive parents, adopted children and natural parents; and responsibilities of agencies and organizations in adoption...

Law on Social Insurance 2014

Law on Social Insurance 2014

This Law provides for social insurance regimes and policies; the rights and responsibilities of employees and employers; agencies, organizations and individuals involved in social insurance, representative organizations of employee collectives and employers’ representative organizations; social insurance agencies; social insurance funds; and procedures for social insurance implementation, and state management of social insurance.

Law on Enterprise 2014

Law on Enterprise 2014

This Law deals with the establishment, organization, restructuring, dissolution, and relevant activities of enterprises, including limited liability companies, joint-stock companies, partnerships, sole proprietorships, and groups of enterprises...

Circular No.01/2014/TT-BLDTBXH Detailing & Guiding Articles on Licensing of Labor Sublease, Payment of Deposits …

Circular No.01/2014/TT-BLDTBXH Detailing & Guiding Articles on Licensing of Labor Sublease, Payment of Deposits …

This Circular provides procedures on issuance, re-issuance, extension and withdrawal of Operating Licenses for labor sublease, reporting regime of labor sublease under Decree No.55/2013/ND-CP of May 22, 2013 of the Government detailing the implementation of Clause 3, Article 54 of the Labor Code on the licensing of labor sublease ...

Law on Investment 2020

Law on Investment 2020

Issue Date: 17/06/2020 Effective Date: 01/01/2021 Status: Available

Circular No.143/2016/TT-BTC on Representative Office for Foreign Traders ...

Circular No.143/2016/TT-BTC on Representative Office for Foreign Traders ...

This Circular deals with regulations on payers, collectors, fees for processing of applications for the license to establish representative offices of foreign trade promotion organizations or foreign traders in Vietnam, and the collection and transfer thereof.

Back To Top