The Committee on Justice recommends the Parliament to adjust the Bill on Amendments to the Economic Procedural Code of Ukraine (re Specification of Subjects eligible to go to Court)

25 February 2011, 16:12

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Опис : C:\Documents and Settings\Имя\Рабочий стол\2.jpgThe bill (Reg. No.6348) amends clause 1 of the Economic Procedural Code of Ukraine, stating that business entities, organizations, institutions, other legal entities, and sole-proprietors are regarded\ qualified as market participants. The clauses of the Economic Procedural Code of Ukraine are amended, with the words ‘business entity´ and ‘enterprises and organizations´ replaced by the words ‘market participants.´

 

The Committee members emphasized that the bill specified categories of subjects eligible to go to court to protect their rights that have been infringed or litigated, as well as the legitimate interests. The bill harmonizes the terminology with the Economic Code of Ukraine.