The Committee on Juctice recommends that the Parliament adopts as a Basis the Bill "On Amendments to the Economic Legal Procedure Code of Ukraine" (re Security for a Claim)

29 February 2008, 12:29

The Bill (Reg. No. 1109) imposes a ban on using the pre-award relief that can result in usurpation of management of enterprises. 

 

Inter alia, the introduced amendments "prohibit securing a claim by means of adopting a decision by the economic court regarding a ban on holding of enterprise shareholders meeting and adoption of resolutions by them".

 

The People´s Deputies believe that the said amendments will prevent the so-called "raider" usurpation of economic enterprises, as well as probable abuse of power on the part of the judges.