📋 Tender Overview
By the Bank of Russia orders dated March 14 2019 No. OD-520 and No. OD-521 from the Insurance Company Labor Insurance Limited Liability Company hereinafter referred to as the Company revoked the licenses for insurance and appointed the temporary administration of the Company hereinafter - the temporary administration.The powers of the executive bodies of the Company are suspended by order of the Bank of Russia dated March 21 2019 No. OD-613. The Provisional Administration was confronted with the facts of obstruction of its activities - the accounting and other documentation as well as material assets belonging to and entrusted to the Company were not transferred to the officials of the Provisional Administration which may indicate an attempt to conceal the facts of the withdrawal of assets.The Moscow City Arbitration Court on August 21 2019 decided to declare the Company insolvent bankrupt. The bankruptcy trustee approved the State Corporation Deposit Insurance Agency. Given the existence of a threat to the rights and legitimate interests of policyholders insured persons and beneficiaries the Bank of Russia has sent information to the Prosecutor General of the Russian Federation and the Investigative Department of the Ministry of Internal Affairs of the Russian Federation for consideration and adoption of relevant procedural decisions.
