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Power of Attorney in Russian Personal Bankruptcy: Court and Asset Rules

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Representative · Court · AssetsRussian bankruptcy does not automatically invalidate every power of attorney. Civil Code Article 188 ends it when the principal or representative enters a procedure in which that person loses the right to issue powers independently. Court authority and prior asset transactions must be analysed separately.
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Court

An individual’s authority is normally notarised or certified as federal law permits.

Express powers

Filing, withdrawal, admission, settlement and appeal powers must be stated expressly.

Assets

A power of attorney does not transfer ownership; transactions remain reviewable.

Termination

Check the date, procedure, revocation and any substitution.

Authority matrix

UseRequired wordingMain risk
Court representationConduct of the case and express Article 62 powersThe court rejects an act not expressly authorised
Receiving documentsFiling, obtaining records and inspecting the caseRepresentation does not replace the debtor’s disclosure duties
Bank accountsDefined operations and limitsDuring realisation the financial administrator controls estate property
Property or vehicleObject, transaction, receipt of price and registrationThe deal may be challenged even if authority was formally valid
SubstitutionExpress substitution power and new representativeSubstitution ends with the principal authority

Pre-filing review

Collect every instrument

Obtain the original or copy, notary details and substitutions.

Classify the purpose

Separate litigation, correspondence, banking and asset transactions.

Check express authority

Compare the wording with Commercial Procedure Code Article 62.

Test termination

Review expiry, revocation, refusal, death, status and the introduced procedure.

Disclose completed acts

Provide contracts, acceptance records, statements and evidence of price receipt.

Avoid circumvention

Do not use a representative to bypass the estate-control regime.

Authority does not conceal ownership. A related-party sale, below-market price, missing payment or post-restriction disposal is assessed under transaction-challenge rules.

When authority ends

Civil Code Article 188 lists expiry, revocation, refusal, termination of an entity, death and other grounds. Its bankruptcy ground is not any mention of insolvency: the relevant procedure must remove the person’s independent power to issue authority. The date and terms of the court order therefore matter.

During asset realisation, the debtor cannot personally dispose of estate assets; the financial administrator uses the statutory mechanism. An old instrument cannot lawfully bypass it.

Commercial-court powers

Article 61 governs proof of authority. Article 62 requires express wording for signing an application or response, withdrawing or admitting claims, changing their basis or subject, settlement, substitution and appeal. A generic phrase may not cover these acts.

Frequently asked questions

Must an individual’s authority be notarised?

For Russian commercial-court proceedings it is notarised or certified in another form expressly permitted by federal law.

May a representative file the bankruptcy application?

Yes, if signing and filing are expressly authorised and procedural requirements are met.

Is the document itself estate property?

No. It records authority; the principal remains owner of the asset.

Is every authorised transaction invalid?

No. Timing, price, payment, relationships and creditor harm are assessed under the relevant ground.

Should an unused instrument be concealed?

No. Disclose it and evidence that no acts were completed.

Primary sources

Related guides

Remote participation · Transaction challenges · Personal-bankruptcy process

Need to review an authority instrument and completed acts?

Initial consultation