Cross-border convergence of AS (stock company) Stage 1
5. Statement to creditors
An application for the initiation of a reorganisation shall be accompanied by a notice to creditors in which they are to be invited to apply for their claims. The Commercial Register Authority shall publish a notice to creditors on its website.
The notification shall specify:
- firms and registration numbers of companies involved in the reorganisation;
- the type of reorganisation;
- the time limit for the application of claims by creditors, which may not be less than one month from the date of publication of the notice.
Statement to creditors (LV)
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