NORTHERN CIVIL COURT OF ARMENIA WITHHOLDS RENDERING DECISION ON CREDITOR OF CLOSEDOWN CJSC BJNI PLANT OF MINERAL WATERS

ArmInfo
2009-01-16 12:24:00

ArmInfo. Northern Civil Court of Armenia withholds rendering a decision
on Ani Print LLC, one of the creditors of the closedown CJSC Bjni
Plant of Mineral Waters.

The statement disseminated by Ani Print LLC says the Northern Civil
Court has not rendered any decision yet despite the fact that the Court
is to initiate proceedings on an application made in compliance with
the Law ‘On Bankruptcy’ or return it the same day. ‘As a creditor
we should protect our interests in compliance with the effective
legislation. This means that all the creditors must be in equal
conditions and have no advantages to each other. For this reason,
we urge the Court to be above political pressure and render us a
decision’, the state says.

Bjni Plant of Mineral Waters is part of "Sil-Concern" belonging to
the Sukiasyans family of businessmen. Observers in Armenia connect
the fact of the unprecedented pressure on the Concern’s structures
with the political activity of the Armenian parliamentarian Khachatur
Sukiasyan, who openly supported the first president at the previous
presidential election. Sukiasyan has been deprived of his mandate
and is currently wanted.

From: Emil Lazarian | Ararat NewsPress