The relevance of social purpose to the possible ineffectiveness of the acts carried out within the so-called suspect period

Abstract

The requirement of the bankruptcy ineffectiveness of acts performed under the rules of the period of suspicion of a debtor company are not satisfied with just verify that it was an act that is not included in the description of its corporate purpose, nor with verification that it is indeed included to conclude that the requirement is not met. For this reason, article 11 of the Peruvian Corporations law should be apply, which is included in the social object acts related to it that contribute to the accomplishment of its purposes. This allows that they may be part of the social activities not directly linked to the productive or commercial activities.