The preventive measure regulated by art. 493 alin. (1) lit. a) of the Romanian Criminal Procedure Code does not concern the dissolution or liquidation of a legal personal during an insolvency procedure Cover Image

Măsura preventivă prevăzută de art. 493 alin. (1) lit. a) C.pr.pen. nu vizează dizolvarea sau lichidarea din procedura falimentului prevăzută de Legea nr. 85/2014
The preventive measure regulated by art. 493 alin. (1) lit. a) of the Romanian Criminal Procedure Code does not concern the dissolution or liquidation of a legal personal during an insolvency procedure

Author(s): Andra-Roxana Trandafir, George-Alexandru Lazăr
Subject(s): Criminal Law, Commercial Law, Court case
Published by: Facultatea de Drept, Universitatea din București
Keywords: preventive measures;legal persons;bankruptcy;dissolution;winding-up;absconding;

Summary/Abstract: In this study we are showing that the logical interpretation of art. 493 alin. (1) lit. a) C.pr.pen. leads to the conclusion that the preventive meassure cannot be applied during insolvency procedures, because there is no absconding. Therefore, the Courts cannot, pursuant to art. 493 alin. (1) lit. a) C.pr.pen., prohibit the start of the insolvency proceedings or suspend them, even as far as prohibiting the dissolution or liquidation that takes place in this legal framework. The High Court of Cassation and Justice decided in this respect through the decision no. 18/2020.

  • Issue Year: 2020
  • Issue No: 3
  • Language: Romanian