Legal entity transforming the type of enterprise: How to execute the judgment?

08:41, 10/07/2024

The content is stipulated in Decree 55/2020/ND-CP detailing a number of articles of the Law on Execution of Criminal Judgments regarding the execution of sentences for commercial legal entities.

Execution of Legal Entities Transforming Business Types, ND-CP 55/2020

Execution of legal entities transforming business types (Illustration)

According to Article 15 of Decree ND-CP 55/2020, in cases where a legal entity changes the type of enterprise, it does not alter the obligation to execute a sentence. The legal entity has the responsibility to report the change of business type to the criminal execution agency.

The state management agency responsible for the legal entity must provide information about the legal entity’s compliance with the sentence regarding the change of business type to the criminal execution agency to continue organizing the execution of the sentence for the legal entity.

The provincial-level police criminal execution agency and the military region-level criminal execution agency shall continue to execute the sentence in accordance with the Law on Criminal Execution and this Decree.

This Decree 55 applies to legal entities serving sentences; state management agencies responsible for legal entities; agencies, organizations, and individuals with authority in executing sentences for legal entities; People's Committees at all levels, and relevant agencies, organizations, and individuals related to the execution of sentences for legal entities.

More details can be found in Decree ND-CP 55/2020 effective from July 15, 2020.

Thu Ba

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