The Importance Of Serving An Executive Bond – Performance Order – And Its Impact On Compulsory Execution Procedures

Serving the executive bond is considered one of the essential procedures preceding the compulsory execution process. It is the means that ensures the debtor is officially informed about the existence of an enforceable bond against them. No judgment or court decision can be enforced unless it is supported by an executive bond, according to the criteria specified in the law.

According to the Civil Procedure Law, the execution procedure can only commence after the executive bond has been legally and formally served to the debtor. This process is subject to specific rules and procedures designed to protect both the debtor's and creditor's rights, ensuring procedural justice.

What is an Executive Bond