IMPLEMENTATION OF THE "REGISTRY OF DEBTORS' OBLIGATIONS" INSTITUTION IN THE REPUBLIC OF UZBEKISTAN TO ENSURE UNCONDITIONAL EXECUTION OF COURT DOCUMENTS AND DOCUMENTS FROM OTHER AUTHORITIES

Abstract

The article analyzes one of the pressing problems in the field of enforcement proceedings in the Republic of Uzbekistan - the failure to ensure the execution of judicial acts due to debtors' lack of property or income that can be subject to recovery. Despite the legality of the current procedure for terminating enforcement proceedings due to the debtor's lack of property, the article highlights negative consequences such as justified dissatisfaction of creditors, occurrences of refusal to enforce court decisions, and a decrease in the authority of the judiciary. The main purpose of the article is to improve the process of identifying debtors' property and directing recovery towards this property in order to increase the effectiveness of ensuring the execution of judicial acts in the Republic of Uzbekistan. To achieve this goal, the article substantiates the necessity of developing and implementing draft legislation to introduce the "Register of Debtors' Obligations" and incorporate it into the legal framework. The introduction of this institution will contribute to achieving a high level of effectiveness in ensuring the execution of enforcement documents, reducing human factors in the enforcement process, and aligns with the development trends of the global enforcement system.