The Technical Audit Secretariat attached to the Bankruptcy Procedures Commission (FCO) of the Indecopi informed that it is investigating two sanctioning administrative procedures, related to the bankruptcy process of Doe Run Peru in liquidation for alleged violations of the rules.
The entity pointed out that, although “the investigations are processed in strict confidentiality, it is possible to indicate that one refers to the contract for the transfer of mining rights and rental of the Cobriza Mining Unit.” “The other, to the payment dation process of the La Oroya Metallurgical Complex,” he added.
Indecopi added that the Bankruptcy Procedures Commission (BCC) can impose sanctions of up to 100 UIT (tax tax units) for each infraction committed, once the investigations by the CFO are completed.
The Roe Dun Liquidator Case
The bankruptcy process of Doe Run Peru was released on August 16, 2010. Since then, decision-making depends on its creditors’ meeting.
In 2014, said instance agreed to liquidate the company in progress (modality that allowed Doe Run Peru to carry out its activities while it was liquidated), for which it appointed a liquidator and approved an agreement.
However, currently Doe Run Peru is in the process of ordinary liquidation due to the expiration of the liquidation modality in progress, being the liquidating entity in charge of the process A-1 SAC Consultants to exercise said mandate from January 26.
Indecopi maintained that it seeks to guarantee that bankruptcy procedures are carried out according to law, while the decisions that will determine the departure of the debtor company are in the hands of the creditors’ meeting.
Source: Larepublica
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