Bankruptcy as a Function of Company Revitalisation Abstract

Intencija je pokretanje stečaja u pravom trenutku kako bi stečajna masa bila dovoljna za namirenje vjerovnika, radnika, poreznih i drugih davanja državi te se omogućilo kvalitetno restrukturiranje trgovačkog društva. Restrukturiranje trgovačkog društva provodi se kroz zakonski definiran termin „stečajni plan“. Praksa provođenja stečajeva u RH pokazala je da su dosadašnji stečajni postupci bili uglavnom pokrenuti kada više nije bilo moguće revitalizirati trgovačko društvo. Zakon o stečaju od dana usvajanja 1996. godine do danas mijenjan je 6 puta (posljednja izmjena napravljena je 2006. godine). Trenutno je u fazi usvajanja novog Zakona o stečaju koji bi trebao poboljšati njegovu primjenu i samim tim omogućiti bolji rezultat za sve sudionike stečaja. Pravodobno pokretanje stečaja velika je šansa za nastavak poslovanja trgovačkog društva, a ne samo pokušaj namirenja obveza ili dijela obveza i njegova likvidacija.The intention is to initiate the bankruptcy at the right time, so that the bankruptcy estate could be sufficient for the settlement of creditors, workers, tax and other state benefits, and enable the quality company estructuring. The restructuring of the company is implemented through legally defined term “reorganization plan”. The practice of implementing bankruptcies in Croatia has shown that the current bankruptcy proceedings were initiated mainly when it was not possible to revitalize the company. Law on Bankruptcy of the adoption of 1996th year to date was changed 6 times (the last change was made in 2006. year). Currently is in the stage of adopting the new Law on Bankruptcy, which should improve its application and thus provide a better result for all participants in bankruptcy. Timely initiation of bankruptcy is a great chance to continue the operations of the company, rather than attempt the settlement of obligations or work obligations and its liquidation