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.