RESOLUTION OF THE PLENUM OF THE SUPREME ECONOMIC COURT OF THE REPUBLIC OF UZBEKISTAN

of November 27, 2015 No. 290

About some questions of recognition invalid transactions (decisions) of joint-stock and other economic companies, committed (accepted) by them with violation of established procedure of disclosure of information on them

For the purpose of ensuring the correct and uniform application by courts of regulations of the legislation in case of the dispute resolution about recognitions invalid transactions (decisions) of joint-stock and other economic companies, committed (accepted) by them with violation of established procedure of disclosure of information on them, the Plenum of the Supreme Economic Court of the Republic of Uzbekistan, being guided by article 47 of the Law of the Republic of Uzbekistan "About courts" DECIDES:

1. In case of the dispute resolution about recognition invalid transactions (decisions) of joint-stock and other economic companies, committed (accepted) by them with violation of established procedure of disclosure of information on them, courts need to mean that requirements about disclosure of information are provided:

Civil code of the Republic of Uzbekistan;

the laws of the Republic of Uzbekistan "About joint-stock companies and protection of shareholder rights", "About financial accounting", "About societies with the limited and accessorial liability" and "About the security market";

Regulations on requirements to the corporate websites of joint-stock companies approved by the resolution of the Cabinet of Ministers of the Republic of Uzbekistan of July 2, 2014 No. 176;

The rules of provision and the publication of information in the security market registered by the Ministry of Justice of the Republic of Uzbekistan on July 31, 2012 No. 2383.

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