Administrative Court of Armenia invalidates auction of Bjni<br /> Plant's compulsory sale <br />


Administrative Court of Armenia invalidates auction of Bjni
Plant's compulsory sale

  • 19-03-2009 22:00:00   | Armenia  |  Economy
YEREVAN, MARCH 19, NOYAN TAPAN. The Adminstrative Court of Armenia presided over by Judge Artsrun Mirzoyan on March 19 invalidated the auction of compulsory sale of "Bjni" Mineral Water Plant, NT correspondent was informed by spokeswoman for the RA Cassation Court Alina Yengoyan. To recap, the complusory electronic re-auction of the property and property rights of "Bjni" Mineral Water Plant company finished on February 16. During 10 days of the auction, one bid was filed, according to which the sale price of the lot amounted to 4 billion 441.5 million drams. The National Assembly deputy, businessman Ruben Hayrapetian had purchased the plant by auction.
  -   Economy