DETERMINATION OF THE TIME LIMITS OF THE GUARANTEE’S LIABILITY ACCORDING TO THE INTERPRETATIVE DECISION №5 OF 21.01.2022 OF THE SCC

In view of the necessity to unify the case law and the proper application of the law in the field of guarantees and repayment of monetary debts, which is widely used in banking field and in many cases against guarantor debtors, the Supreme Court of Cassation issued an interpretative decision № 5 of 21.01. 2022 on the following question:

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