Subject of Dispute: Synogydro Corporation Limited challenges the actions of the state executor who returned court orders without accepting them for execution due to the liquidation of Bank “Sich”.
Main Arguments of the Court: The Supreme Court supported the position of the appellate court that the Company has not exhausted all possibilities for obtaining funds in the bank liquidation procedure. First, the bank liquidation procedure is valid until 10.09.2025, and the Company can still submit claims. Second, the Company did not apply to the bank in the liquidation procedure order, although it has such an opportunity without re-proving the claims.
Court Decision: The Company’s cassation complaints are to be left unsatisfied, and the appellate court’s resolutions are to remain unchanged.
