The right to seek avoidance becomes time-barred:
on expiry of three years from service of the unpaid debt certificate in distraint proceedings (Art. 285 para. 2 no 1);
on expiry of three years from the declaration of bankruptcy (Art. 285 para. 2 no 2);
on expiry of three years from confirmation of the composition agreement with assignment of assets.
When recognising a foreign bankruptcy decree, the time between the application for recognition and publication in accordance with Article 169 PILA525 is not taken into account.