The Ministry enables the electronic service of forms to “collect and forward the information” to the Courts
MADRID, 2 Ene. (EUROPA PRESS) –
The Ministry of Justice has launched the electronic system for the special procedure for micro-enterprises contemplated in the Bankruptcy Law and which is part of “a package of Government measures to improve the economic functioning of the country and support the productive fabric, especially companies that enter bankruptcy proceedings or may end up in the same”.
Through a note, collected by Europa Press, the department led by Pilar Llop has detailed that micro-SMEs are among the most vulnerable companies. This measure, they have explained, contemplates a special system whose objective is that “micro-enterprises have specific, faster and more agile procedures, favoring transparency and the recovery of the situation of special difficulty for entrepreneurs.”
Specific. focuses on companies that carry out a business or professional activity and that in the year prior to the application have employed an average of less than ten workers and have an annual turnover of less than €700,000 or a liability of less than €350,000, according to the latest accounts closed in the year prior to the submission of the application.
“The new system reduces procedural deadlines and provides them with common technological tools throughout the territory for the management and execution of assets”, they have assured from the Ministry. According to the minister, the application of the new regulations launches the electronic forms service, “which allows the information to be collected and forwarded to the courts in a homogeneous, equivalent and electronic manner.”
From Justice they have maintained that “it is the first system exclusively based on data, providing valuable information, which can result in support for the business fabric and lead to the application of adequate public policies for economic and social protection”.
Another novelty that the Ministry has highlighted is the asset settlement platform, which allows for improved transparency. The same, they have added, is free and universal access and in it the assets of all the special procedures of micro-enterprises in liquidation will be dumped.
Justice has also indicated a catalog of goods, organized by categories, according to commercial criteria, and sold individually or in batches.
“This platform, which will improve transparency, will also contribute to expediting the sale of assets, reducing the cost of liquidation and notably offloading the judicial system. Likewise, it will play an important role in allowing the completion of the special liquidation procedures within the established deadlines”, they have added.
