The 2015 Civil Code stipulates that Lien on property is a measure to ensure the fulfillment of obligations. Lien on property is a legal mechanism to protect the party entitled to payment in contracts where both parties have obligations. In this article, TNTP will...
As the current year comes to an end and we eagerly await the arrival of the new year, TNTP & Associates International Law Firm (“TNTP”) would like to express our sincere gratitude to our valued Partners and Clients for their continuous support and...
Guarantee is one of the security measures stipulated in the obligations and contracts under the Civil Code. The creditor undertakes to fulfil an obligation on behalf of the party obligated under the agreement if the latter fails to fulfil or improperly fulfils that...
Currently, the law does not have specific provisions related to the handling of abscond enterprises. In fact, the situation of businesses running away, especially when still owing taxes, labor wages, debts to other businesses, has been happening quite commonly. In the...
Currently, it can be observed that many associations and groups on social media engage in behaviors that lure and guide numerous individuals into indebtedness with financial companies, attracting hundreds to thousands of members. What legal risks and dangers does this...