EFRSB: how to check a counterparty and not get to a bankrupt company

EFRSB: how to check a counterparty and not get to a bankrupt company
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The Unified Federal Register of Bankruptcy Information (EFRSB) is an open government database that contains information on all insolvency cases of citizens and legal entities in Russia. This tool is actively used by businessmen and investors to assess the reliability of their partners and minimize risks when making deals.

The registry allows you to find out for free and without registration whether a person or a company is in bankruptcy, as well as to receive detailed information about the course of the procedure: from the appointment of an arbitration manager to the results of the bidding. The data in the EFRSB is constantly updated and is available through the official website of the Federal Resource.

Information is entered into the system by arbitration managers, MFC employees, bidders, and self-regulatory organizations. If the manager has not posted the information, this is done by the SRO he is a member of. Notaries may also publish notices, especially in cases of preparation for filing for bankruptcy.

For businesses, the EFRSB is an opportunity to identify potentially problematic partners in advance. If a company is involved in bankruptcy proceedings, its transactions may be challenged, especially if the property was withdrawn at an undervalued price. Therefore, before signing contracts, it is important to check the counterparty in the registry.

It is easy to use the registry: on the portal, it is enough to enter the INN, OGRN, company name or full name of the person. You can filter cases by region and status — completed or in progress. The cards contain complete information about the debtor, the manager, creditors, courts and auctions.

The register also publishes reports of arbitration managers, minutes of creditors' meetings, information on subsidiary liability, trading schedules and court decisions. All publications are legally binding and strictly time-bound.

For example, a creditor may require that a transaction be declared invalid if it was concluded after the case was initiated and at a price that does not correspond to the market price. Courts regularly accept such claims, which leads to the return of property to bankruptcy estate.

The EFRSB is useful not only for businesses, but also for individuals: when buying real estate, hiring employees for responsible positions, and selecting performers. It is important to remember that the availability of bankruptcy information can affect a company's credit rating, business reputation, and ability to participate in public procurement.

Additionally, bankruptcy data can be found in the file of arbitration cases and the newspaper Kommersant, but it is the FSB that provides the most complete and structured picture.

The use of the EFSB in daily practice allows businesses to act more consciously, reduce financial risks and respond in a timely manner to changes in the status of partners. It is an important tool for transparency and legal security in the modern economy.