of June 20, 2014 No. 262
About some questions of permission economic courts of corporate disputes
For the purpose of ensuring the correct and uniform application by economic courts of acts of the legislation in case of permission of corporate disputes, following from activities of economic partnerships, being guided by article 47 of the Law of the Republic of Uzbekistan "About courts", the Plenum of the Supreme economic court of the Republic of Uzbekistan decides:
1. In case of the dispute resolution between participants, participants and economic partnerships, including between shareholders, the shareholder and the joint-stock company following from activities of economic partnerships to courts it is necessary to be guided by the Civil code of the Republic of Uzbekistan (further - group of companies), the Economic Procedure Code of the Republic of Uzbekistan (further - EPK), the laws of the Republic of Uzbekistan "About joint-stock companies and protection of shareholder rights", "About societies with the limited and accessorial liability", "About economic partnerships" and other acts of the legislation.
3. The legal and (or) physical person or person authorized by them which signed the foundation agreement of economic partnership as the party, and who assumed liability on organization of economic partnership is considered the founder of this partnership and society.
The legal and (or) physical person having share (shares, contribution) in economic partnership becomes the participant (shareholder) of this economic partnership after state registration of economic partnership in the procedure established by the law and receipts of the status of the legal entity.
The legal and (or) physical person which acquired the shares placed by joint-stock company becomes the shareholder of this society from the moment of introduction in accordance with the established procedure of the corresponding receipt record into the custody account.
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