Manager righs:
Manager is authorized:
- to get any required information in order to fulfill managerial functions properly
- to receive specific directives from court
- to get a remuneration according to the stipulated rule and amount
- to spend the profit of the plot of land for his/her private and family needs in compliance with the court decision (whenever a manager is a debtor).
Manager responsibilities:
- A manager has to fulfill his/her duties properly and honestly
- A manager is responsible for all the commitments that he/she has in relation to all the participant parties
- In every six months' time and at the end of the managerial activities a manager has to report to the enforcement officer. Later the report is presented to a creditor and a debtor.
- A manger devises a ditribution plan that is adopted by court. The outcome of the item is distributed on the basis of the plan except the expenses (including the management costs).
- After the compulsory management a manager transfers the gathered funds to the deposit account of NBE (excluding the costs) and informs a enforcement officer about it
- A manager informs court about the fulfilment of a creditor's claim.