📝 Description
A portion of a financial asset, specifically a debt obligation, is being sold through an insolvency administrator's auction. The starting bid is set at 18000 EUR. This asset represents an additional share valued at 22 500,00 Eur belonging to the ARKU Credit Union.
Crucially, the purchaser must be a registered member of the ARKU Credit Union, as the asset involves a share within that specific union. Please note that the Credit Union's board can only approve the settlement with its member(s) after a thorough assessment of the union's financial health, and only if it poses no real threat to the financial stability and reliability of the Credit Union.
The auction starts on 2025-12-02 09:00:00 and closes on 2025-12-22 09:00:59. This sale is not subject to VAT. The sale process is managed by insolvency administrator ANDŽEJ JURGELEVIČ. The seller is the legal entity UAB Promatik, code 302819720.
Crucially, the purchaser must be a registered member of the ARKU Credit Union, as the asset involves a share within that specific union. Please note that the Credit Union's board can only approve the settlement with its member(s) after a thorough assessment of the union's financial health, and only if it poses no real threat to the financial stability and reliability of the Credit Union.
The auction starts on 2025-12-02 09:00:00 and closes on 2025-12-22 09:00:59. This sale is not subject to VAT. The sale process is managed by insolvency administrator ANDŽEJ JURGELEVIČ. The seller is the legal entity UAB Promatik, code 302819720.
❓ Frequently asked questions
What is the starting price for this financial asset (part of a debt obligation)?
The starting price is set at 18000 EUR.
When does the auction start and when does it end?
The auction starts on 2025-12-02 09:00:00 and ends on 2025-12-22 09:00:59.
What special requirements apply to the buyer participating in the auction?
The buyer must be a member of the ARKU Credit Union because an additional share worth 22 500,00 Eur in that specific union is being sold.
Is the asset being sold subject to VAT?
No, this sales object is not subject to VAT.
Who is administering this insolvency process and sale?
The sale is administered by insolvency administrator ANDŽEJ JURGELEVIČ.
Who is the asset owner (seller)?
The owner is the legal entity UAB Promatik, code 302819720.
What restrictions might affect the distribution of funds?
The Credit Union board can only make a decision on settlement after evaluating the union's financial condition and determining that the settlement does not threaten its stability.