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PARLIAMENT DEBATED AMENDMENTS TO BANKRUPTCY ACT

ZAGREB, July 18 (Hina) - In the absence of deputies from four opposition party benches, the Croatian parliament on Friday debated a final bill of amendments to the Bankruptcy Act which envisages the acceleration of bankruptcy proceedings.
ZAGREB, July 18 (Hina) - In the absence of deputies from four opposition party benches, the Croatian parliament on Friday debated a final bill of amendments to the Bankruptcy Act which envisages the acceleration of bankruptcy proceedings. #L# Only the Social Democratic Party (SDP) and the Croatian Peasant Party (HSS) participated in the debate. The bill was supported with minor objections. Economy Minister Ljubo Jurcic said that under the amendments lawyers and representatives of companies authorised for bankruptcy activities would be appointed trustees in bankruptcy, should they meet necessary conditions, namely hold university diploma and pass an expert exam for trustee in bankruptcy. Parliament resumed the session with a debate on the privatisation of the INA oil company, namely the government's decision of Thursday to sell 25% plus one share to Hungary's MOL. (hina) it

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