Armenia to Revise Its Bankruptcy Legislation

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Armenia to Revise Its Bankruptcy Legislation

Armenia's government is in the process of revising its bankruptcy legislation, announced Justice Minister Srbuhi Galyan, The Caspian Post reports citing Armenian media.

"We will have new legislation related to bankruptcy proceedings, which will provide for limited options for filing for bankruptcy," she said during government Q&A session in parliament on Wednesday.

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Armenia's government is in the process of revising its bankruptcy legislation, announced Justice Minister Srbuhi Galyan, The Caspian Post reports citing Armenian media.