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Bjni To Challenge CES Activities

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  • Bjni To Challenge CES Activities

    BJNI TO CHALLENGE CES ACTIVITIES

    A1+
    [05:26 pm] 12 January, 2009

    Bjni Company of mineral waters owned by the Sukiasyans will be put
    up for e-auction on January 23. On December 30 the Northern Court
    declared the case hearing of the factory's bankruptcy closed. But
    the Company hasn't received the court decision yet, Advocate Ara
    Zohrabyan informed A1+.

    He also noted that the Northern Civil Court has not submitted an
    official recognition of Bjni's bankruptcy. Hence, they don't know its
    contents and the grounds for the pending auction. "We don't even know
    the price fixed for the company's assets."

    Remind that the Compulsory Execution Service put up Bjni's assets for
    auction on December 19 according to RA laws on "Compulsory Completion
    of Judicial Acts" and "Public Deals".

    On December 18 the Service had received a letter from the Northern
    Civil Court informing that Saturn Shinmontaj LLC filed a bankruptcy
    suit against Bjni Company. The suit was accepted, and an interim
    manager was appointed.

    On January 9 the Compulsory Execution Service received another letter
    from the Northern Civil Court informing that the case of bankruptcy
    of Bjni Company ended with a December 30, 2008 court ruling. The
    electronic auction starts on January 23, 2009.

    Ara Zohrabyan informed A1+ that they are going to challenge the
    activities of the Compulsory Execution Service in the court.
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