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The Supreme People's Court of Vietnam: Benchbook Online

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7. Determining bankruptcy fees


Related legal documents
  • Bankruptcy Law (Article 31)
  • Resolution No. 03/2005/NQ-HDTP dated 28 April 2005 of the SPCJC providing guidelines for implementation of a number of provisions of the Bankruptcy Law 2005 (hereinafter referred to as Resolution No. 03/2005) (Section 1 of Part II)
  • of Decree No. 70/1997/ND-CP dated 12 June 1997 of the Government on court fees and charges(Article 34)
  • of Decree No. 189/1994/ND-CP dated 23 December 1994 of the Government (Article 41)

    • Main duties and practical skills:
    After considering that the petition is acceptable, the Judge must consider bankruptcy fees, and request the petitioner to pay bankruptcy fees.

    • Where employees file the petition for commencement of bankruptcy procedures, they shall not have to pay bankruptcy fees.
    • Bankruptcy fees shall be paid in advance by the State Budget in two circumstances: Where employees file the petition for commencement of bankruptcy procedures and where the petitioner does not have money to pay but have another assets as security.