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Bankruptcy law in the republic of Uzbekistan: historical and comparative analysis

Behzod HudaybergenovDoctoral student of Tashkent State University of Law, Doctor of Philosophy in Law (PhD)
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Abstract

Abstract: In this article studied and analyzed issues of protection of the entrepreneurs’ rights, restoring solvency of the debtor and satisfaction of creditors' claims with the use of bankruptcy procedures in accordance with the bankruptcy law of the Republic of Uzbekistan. In addition, when determining the signs of insolvency, it was analyzed that monetary obligations and debts on mandatory payments should be taken into account, and claims arising from labor relations should not be grounds for initiating bankruptcy proceedings.

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