December 22, 2024
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Enterprises in the territory of hostilities can be exempted from debt on loans – draft law

Enterprises that were located in the territory of active hostilities can be exempted from paying debts on loans. After all, such a business objectively cannot conduct economic activity due to threats, as well as loss of assets and land plots. The relevant draft law was adopted by the Verkhovna Rada. This is reported by “Sudovo-yuridychna Gazeta”. The bill proposes for the period of martial law and within one year from”, — write on: ua.news

Enterprises that were located in the territory of active hostilities can be exempted from paying debts on loans. After all, such a business objectively cannot conduct economic activity due to threats, as well as loss of assets and land plots.

The relevant draft law was adopted by the Verkhovna Rada. This is reported by “Sudovo-yuridychna Gazeta”.

The draft law proposes to establish a ban on forced collection from debtors whose collateral property was located in the territories of active hostilities or the territories of Ukraine temporarily occupied by the Russian Federation for the period of martial law and within one year from the date of its termination or cancellation. It is also proposed not to collect debts from lessees whose leased objects were located in the territories of active hostilities or the territories of Ukraine temporarily occupied by the Russian Federation, and natural persons-guarantors under such contracts.

In addition, the extension of the validity period of the credit agreement (loan) and agreements concluded to ensure the fulfillment of obligations under such a credit agreement (loan) is foreseen for the period of suspension of accrual and payment of the corresponding monetary obligation. Finally, the deputies also propose to suspend the accrual and payment of the monetary obligation under the credit agreement (loan), and the suspension of the accrual and payment of leasing and other payments for the duration of the law.

Previously, we wrote about where businesses can find financing in wartime and how to better optimize accounting and company management.

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