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Parliament delays electronic administration of bankruptcy procedures

Parliament adopted on Monday by a vote of 313-48 with no abstentions a proposal to postpone to January 1, 2011 from July 1, 2010 the date on which an amendment of Hungary's bankruptcy act comes into effect stipulating that written communication between courts and parties involved in bankruptcy procedures must take place electronically.

Fidesz MP Zsolt Horváth, who submitted the proposal, said that the delay was necessary because courts are not prepared for the switch to electronic written communication.

The postponed amendment of Hungary's bankruptcy act also stipulates that bankruptcy petitions may only be filed electronically. (MTI – Econews)