Invalidating decisions of meetings of creditors in bankruptcy proceedings
The article discusses the issues related to the procedure and grounds for appealing decisions of meetings of creditors, as well as the grounds for invalidating decisions of meetings of creditors in bankruptcy proceedings. It also makes an attempt to compare the current law on bankruptcy with the previous one and to carry out an in-depth analysis of the problems existing in law enforcement practice. The author deals with the idea of possible amendments to the current law on bankruptcy with a view to improving it and rationalising the procedure itself for its better completion in the interests of creditors. In addition to this, the article formulates and summarises the grounds for invalidating decisions of meetings of creditors, as well as describes cases related to the activities of court-appointed trustees, in which they are embodied. Having analysed the legislation of the Russian Federation in this sphere and judicial practice, the author reveals the correlation between the current legislation and law enforcement practice and points out the existing discrepancies between them. The article also considers procedural time limits in bankruptcy proceedings regarding the procedure for filing an application for invalidating decisions of meetings of creditors and further appealing them in higher courts.