Which Court has the Jurisdiction to Handle the Bankruptcy Petition for a Company with Multiple Branches in Different Localities?

I would like to ask, if a limited liability company with three members is established in Kim Son district, Ninh Binh province and has a branch in Nga Son district, Thanh Hoa province, where should the bankruptcy application be submitted? The provincial or district people's court? Thank you!

According to Article 8 of the Bankruptcy Law 2014, the jurisdiction for insolvency proceedings is as follows:

- The People's Court of the province or centrally-run city (hereinafter referred to as the Provincial People's Court) has the authority to handle bankruptcy cases for businesses registered for business or enterprise registration, cooperatives registered for business or cooperative registration in that province and falls into one of the following cases:

+ The bankruptcy case involves assets abroad or involves individuals participating in bankruptcy proceedings abroad;

+ The enterprise or cooperative unable to pay debts has branches or representative offices in multiple districts, urban districts, district-level towns, cities under the province;

+ The enterprise or cooperative unable to pay debts has real estate in multiple districts, urban districts, district-level towns, cities under the province;

+ The bankruptcy case falls under the jurisdiction of the district, urban district, district-level town, city under the province (hereinafter referred to as the District People's Court) but has been taken up by the Provincial People's Court due to the complexity of the case.

- The District People's Court has the jurisdiction to handle bankruptcy cases for businesses and cooperatives whose headquarters are located in districts, urban districts, district-level towns, cities under that province, and do not fall into the cases stipulated in clause 1 of this Article.

If your business has branches in multiple districts, urban districts, district-level towns, cities under the province, the Provincial People's Court will handle the bankruptcy request.

If your business does not have multiple branches, the District People's Court will handle the bankruptcy request.

Respectfully!

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