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Northern Civil Court Of Armenia Withholds Rendering Decision On Cred

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  • Northern Civil Court Of Armenia Withholds Rendering Decision On Cred

    NORTHERN CIVIL COURT OF ARMENIA WITHHOLDS RENDERING DECISION ON CREDITOR OF CLOSEDOWN CJSC BJNI PLANT OF MINERAL WATERS

    ArmInfo
    2009-01-16 12:24:00

    ArmInfo. Northern Civil Court of Armenia withholds rendering a decision
    on Ani Print LLC, one of the creditors of the closedown CJSC Bjni
    Plant of Mineral Waters.

    The statement disseminated by Ani Print LLC says the Northern Civil
    Court has not rendered any decision yet despite the fact that the Court
    is to initiate proceedings on an application made in compliance with
    the Law 'On Bankruptcy' or return it the same day. 'As a creditor
    we should protect our interests in compliance with the effective
    legislation. This means that all the creditors must be in equal
    conditions and have no advantages to each other. For this reason,
    we urge the Court to be above political pressure and render us a
    decision', the state says.

    Bjni Plant of Mineral Waters is part of "Sil-Concern" belonging to
    the Sukiasyans family of businessmen. Observers in Armenia connect
    the fact of the unprecedented pressure on the Concern's structures
    with the political activity of the Armenian parliamentarian Khachatur
    Sukiasyan, who openly supported the first president at the previous
    presidential election. Sukiasyan has been deprived of his mandate
    and is currently wanted.

    From: Emil Lazarian | Ararat NewsPress
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