OREANDA-NEWS. January 04, 2012. From January of the running year the Ministry of Justice has begun checks of activity arbitration managers (property managers, the managers of readjustment, liquidators). Plan related inspections in the first half of 2012 was signed by the Justice Minister Oleksandr Lavrynovych.

During the first half of the year the Ministry of Justice will check up activity more than one and a half hundreds arbitration managers (from about 2.8 thousand arbitration managers, operating in Ukraine). Inspections will be carried out in all major regions of the country by the main things of justice department of the Ministry of Justice to which authorities of territorial bodies concerning bankruptcy are entrusted.

During routine inspections there will be verified observance arbitration managers of licensing conditions of activities. (The relevant licensing conditions were approved by the Ministry of Justice in October 2011).

In addition, the Ministry of Justice will check compliance with the documents on which basis the arbitration manager operates with current legislation.

As it is known, for obtaining of the licence the physical person should be registered as the entrepreneur under the Law of Ukraine "On state registration of legal entities and physical persons - businessmen" and to have higher legal or economic education.