This is mentioned in the Decree "On measures to further improve the institution of insolvency" signed by President Shavkat Mirziyoyev yesterday, May 6.
The agency has been designated as the specially authorized state body responsible for implementing a unified state policy in the field of insolvency.
The following have been identified as the main tasks of the agency in the field of insolvency:
- implementing state policy in the field of insolvency, including monitoring and regulating this sphere;
- coordinating the activities of state bodies and organizations in the field of insolvency;
- full digitalization of insolvency processes, simplifying excessive bureaucratic procedures.
On the basis of the Association of Judicial Administrators of Uzbekistan, the Chamber of Judicial Administrators of Uzbekistan will be established, based on the membership of all judicial administrators.
The Chamber, together with its territorial structures to be established in the Republic of Karakalpakstan, regions, and the city of Tashkent, will form a unified self-governing system uniting judicial administrators.
