The government approved the features of the return of maternity capital funds for defrauded equity holders

23 October 2020, Friday

The defrauded equity holders who received compensation instead of finished housing will be able to reuse the maternity capital without going to court. Now this norm has been enshrined in a decree signed by Prime Minister Mikhail Mishustin. We are talking about those citizens who have invested maternity capital in new housing, but due to the bankruptcy of the developer, they received compensation instead of an apartment. Previously, in such situations, equity holders, having received back the funds of the capital, were forced to return them to the Pension Fund of Russia (PFR). They received the right to reuse this money only by going to court. Usually decisions were made in favor of the citizens, but this took time. Now the funds of the capital fund will be returned to the PFR by the Fund for the Protection of the Rights of Shareholders, and citizens will automatically have the right to reuse them.

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