📝 Description
We are selling a claim right in the bankruptcy proceedings of the liquidated company UAB "Arvi fertis". This is a primary type of secondary auction, focused on selling this property right. The starting price for this claim right is set at 400 000 EUR. The auction will run for a short period, commencing on 2026-01-13 09:00:00 and concluding on 2026-01-14 13:59:59. This offers an opportunity to invest in assets related to the liquidation process of a bankrupt entity.
Interested parties considering this claim right must note the financial obligations required during registration. A mandatory registration fee is 100 EUR. This fee is non-refundable, except in cases specified in Clause 13 of the Description (a refund will be issued within 5 business days). Furthermore, a required security deposit of 200 000 EUR must be paid before registration.
Key contract terms state that if the auction is won, the security deposit is applied to the final Asset Price. The sale and purchase agreement must be signed, and the full Asset sale price paid within 20 calendar days after the auction ends. Ownership transfer occurs only after the full price is settled. If the winner defaults, the security deposit is forfeited, and the individual is barred from participating in any subsequent auction, being liable for the costs of the new auction and any resulting price difference.
Legal entities and other subjects participating must submit copies of additional documents, such as the company registration extract, charter, and the competent body's decision regarding participation and Asset acquisition.
Interested parties considering this claim right must note the financial obligations required during registration. A mandatory registration fee is 100 EUR. This fee is non-refundable, except in cases specified in Clause 13 of the Description (a refund will be issued within 5 business days). Furthermore, a required security deposit of 200 000 EUR must be paid before registration.
Key contract terms state that if the auction is won, the security deposit is applied to the final Asset Price. The sale and purchase agreement must be signed, and the full Asset sale price paid within 20 calendar days after the auction ends. Ownership transfer occurs only after the full price is settled. If the winner defaults, the security deposit is forfeited, and the individual is barred from participating in any subsequent auction, being liable for the costs of the new auction and any resulting price difference.
Legal entities and other subjects participating must submit copies of additional documents, such as the company registration extract, charter, and the competent body's decision regarding participation and Asset acquisition.
❓ Frequently asked questions
What is the starting sale price for the claim right?
The starting price for this auction is 400000 EUR.
When does the auction start and end?
The auction starts on 2026-01-13 09:00:00 and ends on 2026-01-14 13:59:59.
What is the mandatory security deposit for participation?
The mandatory security deposit is 200000 EUR, which must be paid before registration.
How much is the registration fee and is it refundable?
The registration fee is 100 EUR. It is not counted towards the Asset Price and is non-refundable, except under conditions specified in Clause 13 of the Description (in which case it is refunded within 5 business days).
How long do I have to pay the full price after winning the auction?
The sale and purchase agreement must be signed and the full Asset sale price paid within 20 calendar days following the end of the auction.
Who is the organizer of this auction and what is its code?
The organizer is Udaroji akcinė bendrovė "Arvi fertis", company code 300632946.
What are the requirements for legal entities when registering for the auction?
Legal entities must submit copies of the Legal Persons Register extract, Articles of Association, and the decision of the competent governing body regarding participation and representative's authorization.