Creation and functioning 2011 E-Enforcement in Georgia

2 National Bureau of Enforcement Fast and efficient enforcement of decisions Protection of the rights of parties Implementing the mentality of quickly payment of the debts within society Purpose:

Implementing Informational Technologies

System of Electronic Doc- Circulation Citizens are able to receive replies for their applications directly from the Web

Electronic Registry of Enforcement Proceedings Registration of the Enforcement Paper Enforcement proceedings Electronically Electronic connection with the post office Rights of the parties-parties are able to keep up with the latest information about enforcement proceedings on their case from NBE’s web-site. Entrance to the site is allowed by means of unique code issued by NBE on each case

Created for immediate and direct reflection of the financial activities within the enforcement proceedings program New System of Payments Automation of banking system; Reflection of the payments through banks within the program; More precisely, after the registration of the claims further electronic reflection from the commencement of enforcement on the case to its very end This encompass Implementing financial module

Systemized body of information about the persons claimed to have unpaid debts Data from debtor registry is public NBE issues information about certain persons on the basis of application Data is always in the process of updating; Registry for today contains persons Systemized body of information about the persons claimed to have unpaid debts Data from debtor registry is public NBE issues information about certain persons on the basis of application Data is always in the process of updating; Registry for today contains persons Debtor Registry Check you partners in the registry before establish relations!

World widely approbated method Best way to attract buyers Easy and flexible system Participating in auction is possible from every corner of the Earth World widely approbated method Best way to attract buyers Easy and flexible system Participating in auction is possible from every corner of the Earth

Changes in legislation National Bureau of Enforcement lunched Online Auction Experience of other countries were taken into consideration Demands of contemporary society were taken into account February 1, 2011

After the set up of E-auction

April, 2011 ( coefficient of realization )

Bailiff leads auction in the hall during 3 hours (wasted time and energy) Participants are small group of people Auctions are carried out in different parts of country, in accordance to the dislocation of the property Old auction E-auction Bailiff saves time and energy, he/she does not have to monitor and lead the auction Number of participants is excessively high, web-site has 10,000 registered consumers Taking part in auction is possible from everywhere, notwithstanding the dislocation of the property Comparison of one month data

Auction process  Starting and the ending time of the auction.  Starting price of the auction  Name of the property, its dislocation, short description  Amount of guarantee sum (which one tenth of the starting price)  Minimal amount of the bid  Photos of the property About the appointment of auction electronic announcement is made, which has to include following features:

Registration is possible for both, individuals and legal entities Participators in E-auction

Online trading Example of searching for the lot

E-auction Possible directly from banking institution From web-site by means of plastic card Payment Repeated auctions

Rights & Obligations of Parties Confidentiality NBE is obliged not to reveal personal information received from the consumer during the registration

Establish e-connections with other governmental bodies Sophistication of the Debtor Registry Improvement of the Online Trade system Implementing new time and labor efficient mechanisms

Thank you for attention! Questions...