![Private Company Wins in Constitutional Court](https://turan.az/resized/media/2017/main/022300184003-750-500-resize.webp)
Private Company Wins in Constitutional Court
The February 20 meeting of the Plenum of the Constitutional Court granted the appeal of JSC Azeragrartikinti about court decisions on real property.
Earlier, local courts made a decision to reject the claims of JSC Azeragrartikinti against the State Real Estate Register Service under the State Committee on Property Issues concerning provided extracts from the register and technical certificates of Ltd. Yeni Tekhnologiya AAA of Azerbaycan Senaye Bank.
The last time the Supreme Court issued a decision on the matter in November 2015 and rejected the plaintiff. Now the claim of JSC Azeragrartikinti will be considered again.
In reaching a decision, the Constitutional Court took into consideration Article 60 of the Constitution and Article 96 of the Code of Administrative Procedure.
Control of the shares of JSC Azeragrartikinti is owned by a member of the Milli Majlis Agalar Veliyev. ----08D
Economics
-
The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
-
Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
-
Global diesel prices and refining margins have spiked following the latest U.S. sanctions targeting Russian oil trade, as markets brace for reduced supply, analysts and LSEG data indicate.
-
Azerbaijani President Ilham Aliyev hosted Georgian Prime Minister Irakli Kobakhidze on Friday for high-level talks aimed at further developing the strategic partnership between the two neighboring countries in the South Caucasus.
Leave a review