Insolvency Law 21 of 2018

Insolvency Law No. 21 (of 2018 entered into force on 11/12/2018 after passing through the constitutional stages It was published in the Official Gazette on 16/05/2018. The issuance of this law had previously held several consultative meetings between stakeholders from the public and private sectors, in the light of which a memorandum of the main policies was drawn up associated with the revision of the “Draft Law on Reorganizing the Business of the Merchant and Provisions for Bankruptcy and Liquidation” of 19 November 2012.