Legal nature of invalidity of transactions of a debtor legal entity in bankruptcy procedure

The article analyzes civil legislation and arbitration procedural law concerning aspects of bankruptcy in the Russian Federation, in particular, the author focused on the recognition of transactions as invalid during the bankruptcy procedure. The author examines the main stages of challenging transactions in the current civil legislation and bankruptcy legislation, and identified the grounds for challenging such transactions. The author also identified the main problems in the institution under consideration and outlined the consequences of the bankruptcy procedure.