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Document 52020XC0731(02)
Liquidation procedures Decision to open bankruptcy proceedings for ‘Societatea CERTASIG – Societate de Asigurare și Reasigurare – S.A.’ (Publication made in accordance with Article 14 of Directive 2001/17/EC of the European Parliament and of the Council on the reorganisation and winding-up of insurance undertakings (Article 280 of Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance)) 2020/C 251/14
Liquidation procedures Decision to open bankruptcy proceedings for ‘Societatea CERTASIG – Societate de Asigurare și Reasigurare – S.A.’ (Publication made in accordance with Article 14 of Directive 2001/17/EC of the European Parliament and of the Council on the reorganisation and winding-up of insurance undertakings (Article 280 of Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance)) 2020/C 251/14
Liquidation procedures Decision to open bankruptcy proceedings for ‘Societatea CERTASIG – Societate de Asigurare și Reasigurare – S.A.’ (Publication made in accordance with Article 14 of Directive 2001/17/EC of the European Parliament and of the Council on the reorganisation and winding-up of insurance undertakings (Article 280 of Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance)) 2020/C 251/14
PUB/2020/617
IO C 251, 31.7.2020, p. 19–19
(BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)
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31.7.2020 |
EN |
Official Journal of the European Union |
C 251/19 |
Liquidation procedures
Decision to open bankruptcy proceedings for ‘Societatea CERTASIG – Societate de Asigurare și Reasigurare – S.A.’
(Publication made in accordance with Article 14 of Directive 2001/17/EC of the European Parliament and of the Council on the reorganisation and winding-up of insurance undertakings (Article 280 of Directive 2009/138/EC of the European Parliament and of the Council on the taking-up and pursuit of the business of Insurance and Reinsurance))
(2020/C 251/14)
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Insurance undertaking |
‘Societatea CERTASIG – Societate de Asigurare și Reasigurare – SA’ with its registered office in Bucharest, sector 1, str. Nicolae Caramfil No 61B, registered at the Trade Register Office under No J40/9518/11 July 2003, sole registration code 12408250, registered in the Registrar of Insurance under No RA-021 on 10 April 2003 |
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Date, entry into force and nature of decision |
20.2.2020 – Decision No 209/20.02.2020 on the withdrawal of the operating licence of ‘Societatea CERTASIG – Societate de Asigurare și Reasigurare – SA’, the declaration of its insolvency and the submission of an application for initiation of bankruptcy proceedings against it; Interim Ruling of the Court of Bucharest of 29.6.2020 on the initiation of bankruptcy proceedings against the company SAR Certasig SA. |
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Competent authorities |
‘Autoritatea de Supraveghere Financiară’ (ASF) [Financial Supervisory Authority], with its head office at Splaiul Independenței No 15, Sector 5, Bucharest, Romania |
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Supervisory authority |
‘Autoritatea de Supraveghere Financiară’ (ASF) [Financial Supervisory Authority], with its head office at Splaiul Independenței No 15, Sector 5, Bucharest, Romania |
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Liquidator appointed |
Court-appointed liquidator – CITR Filiala Cluj SPRL Contact details for the court-appointed liquidator – Calea Dorobanților 48, Cluj-Napoca 400000 |
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Applicable law |
Romania Government Emergency Order No 93/2012 on the establishment, organisation and functioning of the Financial Supervisory Authority, approved with amendments by Law No 113/2013, as amended; Law No 503/2004 on financial recovery, bankruptcy, and voluntary dissolution and winding-up in the insurance business, republished; Law No 237/2015 on the authorisation and supervision of insurance activities, as amended Law No 85/2014 on insolvency prevention and insolvency proceedings, as amended. |