1. If the Garnishee does not report on assets held by them in the manner laid down by law or if they submit an insufficient or inaccurate report, or if they conceal documents that they are required to submit in confirmation of the report, judgment may be passed against them in favour of a Creditor who has obtained an Execution Writ for their debt in the amount for which the garnishment as made, by a claim brought by the normal procedures. Their claim shall not be accepted after the lapse of (3) three years from the date of issuance of the decision to report what they owe. 2. The execution of a judgment issued against a Garnishee shall be deemed to be satisfaction of the right of the Garnishor against the Debtor. This shall not prejudice the right of the Garnishee to recourse against the Debtor for the amount they have paid to the Garnishor. 3. The judgment shall not be passed if the Garnishee remedies the cause for which the action was brought prior to the close of pleadings including before the Court of Appeal. 4. In any event the Garnishee shall be ordered to pay the costs of the action and compensation as a result of his negligence or delay.
Interpretation and application must be checked against the official text and current version.
+7 (495) 221 31 46