International Business Management

Year: 2015
Volume: 9
Issue: 6
Page No. 1383 - 1387

Participation in Electronic Tenders on Bankruptcy Through an Intermediary: Law-Implementation Problems

Authors : Yelena V. Lunyeva and Zavdat F. Saphin

Abstract: The study covers the types of juristic agencies with regard to participation in electronic tenders on bankruptcy in the Russian Federation. It has been concluded that participation in electronic tenders through the intermediary is possible with the help of contract of commission, agency contract and mixed contract. It has been found that the most acceptable type of juristic agency in electronic tenders on bankruptcy providing an optimal balance of private and public interests is commission agency service. Agency contract in commission variant allows to reveal agent’s legal relationship at the stage of filling of an application for participation in electronic tenders on bankruptcy. According to commission contract of agency, the participation in electronic tenders of the agent in the interests of principal is disclosed only after the results of electronic tenders to have been defined. It has been proved that commission agency contract promotes conscientious behavior of agent within the framework of procedure of electronic tenders on bankruptcy and makes it possible in advance to show presence or absence of interest of the principal in a debtor, creditors, administrator.

How to cite this article:

Yelena V. Lunyeva and Zavdat F. Saphin, 2015. Participation in Electronic Tenders on Bankruptcy Through an Intermediary: Law-Implementation Problems. International Business Management, 9: 1383-1387.

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