Rastorzhenie Kreditnogo Dogovora May 2026
The termination of a credit agreement ( rastorzhenie kreditnogo dogovora ) in Russia is governed primarily by the and special banking regulations. It typically occurs in one of three ways: by mutual agreement, through a court order, or via a unilateral refusal to perform. 1. Termination by Mutual Agreement
: Under Article 451 of the Civil Code, a contract may be terminated if circumstances change so significantly that the parties would not have signed the agreement had they foreseen it. 3. Unilateral Refusal to Perform rastorzhenie kreditnogo dogovora
: Termination usually triggers an obligation for the borrower to repay the remaining principal and accrued interest immediately. The termination of a credit agreement ( rastorzhenie
: Termination of the main credit agreement typically terminates any associated surety or pledge agreements unless otherwise specified. Termination by Mutual Agreement : Under Article 451