Investigating the Possibility of Imposing Damages for Delayed Payment on the Bankrupt Debtor Guarantor in Iranian Law

Delay payment damages by repealing Article 719 of the Code of Civil Procedure adopted in 1939 and replacing Article 522 of the Code of Civil Procedure adopted in 2000, the legislator, with the aim of avoiding usury, It has also changed with the approval of the Central Bank. Regarding whether the guarantor of the bankrupt person will be liable for this type of damages resulting from the subject matter or not, it should be said that although the responsibility of the guarantor is subordinate to the subject matter and the fall of his obligation for any reason will be extended to the guarantor. This can not be considered absolute in the case of exemption of the subject matter of the bankrupt from the compensation for late payment. Because the said damage is a natural requirement of any religion of a common type and the application of the guarantor guarantee will also be included in it, even if the trader is exempted from it based on the unity vote of procedure number 155 dated 05/03/1969. Therefore, in this article, relying on the library method, while critically analyzing the recent unanimous vote of the issuance procedure No. 788 dated 16/06/2020 regarding the exemption of the bankrupt's guarantor from the delay of payment of the debt, take a look at the nature of this type. Damage and the ability to achieve it.