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

of July 11, 1996

About materials of generalization of court practice on disputes with participation of banks and on execution of decisions of economic courts by bank institutions

Presidium of the Supreme Economic Court of the Republic of Uzbekistan, having considered materials of generalization of court practice on disputes with participation of banks and execution of decisions of economic courts by bank institutions, prepared by judicial board according to the dispute resolution of the Supreme Economic Court,

DECIDES:

1. The overview of practice of consideration of economic disputes with participation of banks and execution of decisions of economic courts by bank institutions to take into consideration.

2. Send the overview to economic court of the Republic of Karakalpakstan, economic courts of areas.

3. Judicial board according to the dispute resolution to prepare based on overview materials information on the violations allowed by bank institutions of the Republic of Uzbekistan, revealed during consideration of disputes with participation of banks.

For data and acceptance of necessary measures to send information to management of the Central bank and heads of republican commercial banks.

4. Introduce in the Ministry of Justice and the Central bank of the Republic of Uzbekistan the offer on holding joint zone seminars on the current legislation for employees of bank institutions.

Overview of practice of consideration of economic disputes with participation of banks and execution of decisions of economic courts by bank institutions

The judicial board according to the dispute resolution of the Supreme Economic Court generalizes practice of hearing of cases for 1995 and the first quarter 1996 by which one of the parties is the bank institution. For the specified period economic courts of the Republic of Uzbekistan considered 426 such cases.

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