With its announcement, the Association of Popular Depositors welcomes the bill submitted jointly by AKEL MP Irini Charalambidou and DIKO MP Chrysis Pantelidis. The proposal, as mentioned in the announcement, states that, instead of each depositor having to make an application to be ratified by the court after affidavits, etc. the liquidator, with the consent of the court, can use a database, which precisely identifies the specific natural and legal entities that are beneficiaries, as well as the amount of impairment of savings in each case. This, according to SYKALA, will remove unnecessary inconvenience to the depositors, the Liquidator and the Registrar and will speed up the process.
and not to AKEL, as party representatives at the meeting of the Finance Committee stated that the proposal does not belong to AKEL.
Read the announcement of SY.KA.LA. :
Today we attended a meeting of the Parliamentary Committee on Finance, at the invitation of the latter. The topic at the meeting of the Committee was Draft Law/Amendment to the legislation on liquidation of companies submitted by Mrs. Irini Charalambidou and Mr. Pantelidis (DIKO).
The Draft Law stipulates that, instead of each depositor having to make an application to be ratified by the court after affidavits, etc. the liquidator, with the consent of the court, can use a database (which already exists in the hands of the administrator and in the future of the liquidator) and which precisely identifies the specific physical and legal entities that are beneficiaries, as well as the amount of the impairment of savings in each case. This will remove unnecessary inconvenience to the depositors, the Liquidator and the Registrar and will speed up the process. The reason we clarify that the proposal was from Ms. Charalambidou and not from AKEL is because at the meeting representatives of AKEL clarified that the proposal was not of AKEL, but of Mrs. Charalambidou.
We hope that the Draft Law/amendment of the liquidation legislation to be voted in favor and to be implemented immediately. The fight continues.
