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Articles, Banking and Capital Markets

The High Court of Cassation and Justice decided that the VAT deduction cannot be made if the invoice does not fulfill all of the form conditions

Thus, through the above-mentioned decision, the High Court of Cassation and Justice has determined that: “The VAT cannot be deducted, nor can the tax base required in determining the income tax cannot be diminished, in case the supporting documents presented do not contain or provide all the information provided by the legal provisions in force, […]

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By : Jun 11, 2017 No Comment
laptop lawyer property law
Articles, Banking and Capital Markets

The possibility of suspending the payment of the bank lending rates, until the closing of the judgment

After the date of registering such a claim, through a presidential ordinance it may be requested the provisory suspension of payment of the monthly installments, until the date of settlement of the case. According to the provisions of the Code of Civil Procedure, art. 996 it is provided that: “The court, determining that in favor […]

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By : Jun 11, 2017 No Comment
laptop lawyer property law
Articles, Real Estate and Construction

Project of ANCPI on amending the Regulation of registration procedure in the Land Book

The Regulation establishes the working procedures for registration with the Cadastre and Land Registry records of buildings, the endorsement and acceptance of the special works, as well as other specific tasks of the National Agency for Cadastre and Land Registration, following the creation of an integrated informational system of Cadastre and Land Book. According to […]

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By : Jun 11, 2017 No Comment
laptop lawyer property law
Articles, Corporate Commercial and M&A

There were established the measures for the uniform application of EU legislation harmonizing the conditions for the marketing of products

According to Law No. 50/2015, with the approval of Government Ordinance No. 20/2010, there have been brought a number of changes thereto. So, it is regulated the situation in which the harmonization legislation of the European Union requires that the conformity assessment to be made by notification assessment of conformity bodies, then, competent authorities will […]

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By : Jun 11, 2017 No Comment
laptop lawyer property law
Articles, Banking and Capital Markets

ANPC invites banks to negotiations to identify long-term solutions on consumers loans that have loans in Swiss francs

The meetings will take place over a period of one month, the first stage being set for dates 2- 7 April at the headquarters of ANPC, meetings in which the National Authority for the Protection of Consumer will act as a mediator. According to the statement of the President of ANPC, Marius Alexandru Dunca, included […]

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By : Jun 11, 2017 No Comment
laptop lawyer property law
Articles, Energy and Natural Resources

It came into force the Framework Procedure regarding the obligation of electricity suppliers to solve the complaints of final clients

According to the Order, within 60 days from the date of entry into force, ie until the date of 23.05.2015, the suppliers of electricity and natural gas are required to harmonize their own internal procedures with the framework procedure regarding the obligation of the suppliers of electricity and gas to solve the complaints of end […]

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By : Jun 11, 2017 No Comment
laptop lawyer property law
Articles, Dispute Resolution

News in foreclosure procedure of large and medium taxpayers

The said order modified the procedure for enforcement of large taxpayers, as follows: “For the recovery of tax debts owed by large taxpayers, legal persons, including for income tax from wages due by large taxpayers and their secondary offices in the enforcement procedure, the coordination of enforcement procedure is carried by the General Directorate of […]

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By : Jun 11, 2017 No Comment
Articles, Dispute Resolution

According to the ECJ, national courts can rule on the unfairness of interest and commission risk of credit agreements

The preliminary question addressed to the Court had the following content: “Considering that, in accordance with Article 4 (2) of Directive 93/13 / EEC, the fairness of the terms, cannot may relate either to define the object of the contract nor to the adequacy of the price or remuneration, on one hand, as to the services […]

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By : Jun 11, 2017 No Comment
laptop lawyer property law
Articles, Dispute Resolution

Traders who fool consumers will be punished with huge fines since 03.14.2015

The new legal provisions considered punishable offenses and sanction the unfair practices, with the following fines: a)     a fine of 5.000 lei to 100.000 lei, for misleading commercial practices, as defined in Annex. 1, paragraph “misleading business practices”; b)    a fine of 2.000 lei to 100.000 lei for aggressive commercial practices, as defined in Annex. […]

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By : Jun 11, 2017 No Comment
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