INTERFAX.RU. Moscow. 18.09.09 – Arbitration Court of Saratov region made the decision to deny the action of Federal Agency of State Property Manafement of Russian Federation for invalidation of the sale – purchase transaction of 6.1% of the JSC “Togliattiazot” shares.
The decision of the Arbitration Court of Saratov region means that there are no claims to the privatization of 6.1% of the JSC “Togliattiazot” shares.
Privatization of this holding of stock took place in 1996. The state has been disputing its validity since 2004. The case more than once passed all degrees of jurisdiction, including the Superior Arbitration Court of Russian Federation.