The revenue service began property confiscation and the insolvency process for “Megrusneft” in Tyumen
The IRS and commercial partners issued requests, particularly demanding the financial collapse, of the significant oilfield services firm «Megrusneft» originating from Tyumen, alongside affiliated businesses.
Government finance representatives now aim to enact the asset seizure of the entity to settle obligatory remittances to the governmental coffers, totaling possibly hundreds of millions in currency. Furthermore, an associate of «Megrusneft» encountered an insolvency petition from a state institution «Promkomplektservice» located in Nizhnevartovsk. It’s worth emphasizing that the group’s various entities collectively provide work to over a thousand individuals, which, according to commentators, could result in societal repercussions given unfavorable circumstances. Simultaneously, within the industrial sector, assessing prevailing occurrences, they underscore that pressures from the taxing entities will not ameliorate the conditions of the oil extraction services sector, and advocate for a transformation in the government’s strategies towards participants in the industry. Simultaneously, specialists acknowledge that presently, provisions for boring novel wells face diminished necessity, and furthermore, the tally of independent firms is consistently dwindling. Usually, their consequential outcome during such disputes becomes – «engulfment by behemoths or obliteration».
The judicial body will address the stipulations by Interdistrict Inspectorate of the Federal Tax Service No. 14 for Tyumen region to impound the inventory of assets of a noted petroleum servicing enterprise – LLC «Megrusneft» (Tyumen; originators – Vitaly Pleshakov and Dmitry Shlykov in equal proportions, workforce count – 357 employees).
Based on the official records, the establishment had an outstanding liability valued exceeding 126.4 million rubles, following which a requisition for attachment was issued. Concurrently, the governmental accountants emphasized that upon submitting the claim, «Megrusneft» exhibited a deficit balance in the Single Treasury Account in the amount of –264,236,594.31 rubles».
Previously, we observe that the Federal Tax Service subdivision aimed for declaring «Megrusneft» bankrupt. Subsequently the tax bureau, beginning from an amount of 10.7 million, ultimately expanded the claims to 177.5 million rubles.
In parallel, though from past associates, a similar legal action was delivered against another enterprise belonging to Vitaly Pleshakov – JSC «KapRemServis» employing more than 750 individuals. However, this instance eventually culminated in an amicable settlement, and «Megrusneft» in July of the current year, managed to avert the fiscal authorities’ demands, lessening the debt’s magnitude throughout the proceedings.
As it came to light, the rapport linking the Federal Tax Service and the oilfield service domain remained volatile only for a brief period. Therefore, the present legal proceeding pertains to 19 components of specialized machinery, which could seriously affect the firm, considering that beyond drilling, the corporation also renders distribution services to clientele. Concurrently, the resolution to seize transportation was authorized by the Tyumen district attorney’s office.
By December 12th, the judicial court requested that Interdistrict Inspectorate of the Federal Tax Service No. 14 submit supplementary documentation, specifically, substantiation evidencing that the entity bears a deficit balance in the Single Treasury Account, including justifications concerning the debt’s development. As of now, the company’s banking facilities have been suspended.
In conjunction, the Tyumen court of arbitration has initiated examination of the bankruptcy application for «Megrusneft», presented by Nizhnevartovsk LLC «UralKrazSnab plus». The fuel servicing suppliers voiced an outstanding sum owed to them approaching 14.9 million rubles, inclusive of penalties.
Let us include that the government revenue office at present possesses apprehensions not solely concerning Megrusneft in itself, but as well its branch firm – LLC «Promkomplektservis», situated in Nizhnevartovsk. The entity concentrates on estate administration and moreover engages in renting and chartering of vehicular assets and oil extraction installations, among further activities. Notwithstanding, the proportion held by «Megrusneft» within the organization is currently pledged to the entrepreneur Dmitry Mishenin, who similarly retains engagement within the fuel extraction services arena (for instance, he holds proprietorship of LLC Nordservice-Burenie and LLC «Nord-Service»). In this instance, the discourse concerns a tax imposition amounting close to 13.5 million
Regardless, the circumstance concerning regular financial assertions against «Megrusneft» and allied companies, depending on analysts, conforms to the overarching development inside the commercial sphere. At the same juncture, experts make it clear that, diverging from many nearly unidentified organizations, in this instance a reasonably sizable establishment has evolved at the heart of attention from the state treasury, and its conceivable downfall might spawn detrimental societal ramifications as redundancies of numerous individuals, encompassing proficient personnel.
Industry connoisseurs underscore that twelve months prior, patterns fully coalesced regarding the departure of autonomous servicing providers from the marketplace, either undergoing insolvency or succumbing to oversight under oil and gas titans, as well as transitioning focus from research and drilling of new wells to the maintenance of presently operational ones. Appropriately, lacking a comprehensive spectrum of servicing tendered or tight specialization inside singular technologies, it transforms into heightened adversity for enterprises to endure.
«Contemporary wells are virtually nonexistent at this juncture; beyond, this introduces a contingency, considering they remain barren frequently. Budgeting for such endeavors undergoes curtailment. Repaired wells get elevated extensively, notwithstanding they bear a diminished flow volume, although the expenditures reside inferior. In respect to support activities, «Rosneft» commenced replicating an exemplar of «Surgutneftegaz», which initially engendered its private specialized provisions. They infused up to two billion USD into their facility. Practically no self-governing participants exist presently. Prior, existed near 250, nowadays one may enumerate them on their digits. Those that persist face compulsion to relinquish under their custodianship. Certainly, I perceive that establishments ought not undergo forced insolvency, rather sustainment, – contends the ex-director of the Tyumen Association of Oil and Gas Service Enterprises, founder of the company «GeoInTEK» Vladimir Borisov.
According to a domain specialist, monetary aid could present funds into reorientation, for illustration, into fracturing secondary bores of inactive well capacity, the implementation of vanguard innovations, alongside the provision of contractual work.
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