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The document ceased to be valid since May 19, 2018 according to part II of the Resolution of the Plenum of the Supreme Economic Court of the Republic of Uzbekistan of May 19, 2018 No. 17

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

of April 9, 1998 No. 72

About the questions connected with implementation of the Presidential decree of the Republic of Uzbekistan of March 4, 1998 "About strengthening of responsibility of officials for economic insolvency of business entities and execution of contractual commitments"

(as amended on 22-07-2020)

In the Presidential decree of the Republic of Uzbekistan of March 4, 1998 "About strengthening of responsibility of officials for economic insolvency of business entities and execution of contractual commitments" is noted that irresponsibility, lack of initiative and dependent moods of number of heads of business entities, non-execution of contractual commitments by the companies results them in economic insolvency, bankruptcy. Meanwhile, the facts of mismanagement taking place, squanderings of money and their inappropriate use do not find the due assessment by consideration of economic disputes.

For the purpose of increase in role of economic court in strengthening of legality and the prevention of offenses in the economic sphere the economic court is allocated with the right, in case of detection in the course of consideration of disputes, essential elements of offense in actions (failure to act) of officials of business entities to bring criminal cases, to apply measures of the administrative responsibility, to compensate property harm from guilty persons, to bring ideas of involvement of heads, other workers to disciplinary responsibility up to release from post.

Due to the questions arising at economic courts connected with implementation of the Presidential decree of the Republic of Uzbekistan of March 4, 1998 "About strengthening of responsibility of officials for economic insolvency of business entities and execution of contractual commitments" the Plenum of the Supreme Economic Court of the Republic of Uzbekistan decides:

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