DETERMINATION OF THE SUPREME COURT OF THE KYRGYZ REPUBLIC

of December 6, 2007

Case No. 06-000349/07.ED

Judicial board on administrative and economic cases of the Supreme Court of the Kyrgyz Republic in structure:

chairman: judge Mukhamedzhanov A.Dzh.,

judges: Mambetaliyeva А.Дж. and Sadykova E. E.,

in case of the court clerk Momunbayeva A.,

with participation: head of peasant economy "Zha-Num" of Toktogulov D. and representative of joint stock company of the Microcredit company "Fund of Development of Entrepreneurship" Osmonaliyev Zh. A. (Dov. of 24.08.07),

having considered in proceeding in open court the application for review on newly discovered facts of the resolution of judicial board on administrative and economic cases of the Supreme Court of the Kyrgyz Republic of October 9, 2006 on case on the claim of JSC Mikrocreditnaya the Fund of Development of Entrepreneurship company to peasant economy Zha-Num about collection of 325369 som,

ESTABLISHED:

State commission under the Government of the Kyrgyz Republic on development of entrepreneurship which legal successor is the State fund of support of small and medium business under the Government of the Kyrgyz Republic further by JSC Mikrocreditnaya the Fund of Development of Entrepreneurship company, appealed to interdistrict court of the city of Bishkek with the claim to KH "Zha-Num" for collection of credit debt in the amount of 325369 som, including the main dolg195500 catfishes, percent - 69575 som, penalty fee - 60294 som.

During consideration of the case the peasant economy Zha-Num took a legal action with the counter action for declaration about recognition invalid agreements of April 11, 2000 No. 20 about loan granting concluded between the State fund of support of small and medium business under the Government of the Kyrgyz Republic and peasant economy Zha-Num.

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