of March 27, 2014 No. 71
About additional measures for stimulation of investing activities of commercial banks and acceleration of realization by banks of the companies to new investors
According to the Presidential decree of the Republic of Uzbekistan of November 18, 2008 No. UP-4053 "About Measures for Further Increase in Financial Stability of the Companies of Real Production Sector" commercial banks are performed actions for recovery, upgrade and development of activities of the bankrupt companies and realization to their potential investors.
At the same time, numerous exposure in accordance with the established procedure of the recovered companies on auctions and tenders, including by carrying out direct negotiations, for realization to new investors does not give the expected results.
For the purpose of further stimulation of expansion of investing activities of commercial banks, strengthening of their resource base and growth in volumes of financing of the long-term investment projects directed to further upgrade, technical and technological rearmament of industries of economy, and also attracting investors for the subsequent realization of the companies accepted on balances of commercial banks, the Cabinet of Ministers decides:
1. Agree with offers of commercial banks:
about realization of the companies or shares of commercial banks in their authorized funds, and also the property collected by commercial banks according to obligations of debtors, according to the list according to appendix (further - objects), on market value by exposure to auction and carrying out direct negotiations, in case of the announcement of auction cancelled;
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The document ceased to be valid since August 16, 2024 according to Item 1 of the Presidential decree of the Republic of Uzbekistan of August 16, 2024 No. UP-111