Improving the provisions of the 2015 Civil Code on time limits and prescription

Abstract

The paper points out the shortcomings of the provisions of the 2015 Civil Code on time limits and prescription such as: units of time limits have not fully stipulated; the methods to calculate time limits are not really relevant; some details of the provisions on citation of time limits and prescription are not convincing; the provisions on events where the prescpription to enjoy the rights or to release the obligations is suspended do not ensure civil rights of the subjects; overlappings or contracdictions occur when applying types of prescription, and etc.  On that basis, the paper proposes the directions for improving the provisions of the 2015 Civil Code on time limits and prescription.