23 September 2008, 15:25
The Bill (Reg. No.3011) aims at prevention of use of schemes and methods of illegitimate amalgamation and seizure of enterprises. It regulates activity of the stock market and corporate relations.
Thus, the Bill supplements the Economic Procedural Code with a regulation that defines exclusive competence of economic courts to settle the disputes between shareholders and registrars (depositaries), and authorizes the State Commission for Securities and Stock Market to make an expert conclusion in case it is demanded by the economic court.
The Bill also introduced amendments to the Law "On Executive Proceedings" appertaining to the prohibition to attract protective activity subjects to executive actions.