Court sustains Rosbank vs. Uralvagonzavod

24 December 2009 (11:34)

Sverdlovsk Region Arbitration Court sustained the claim laid by OAO AKB Rosbank against Uralvagonzavod Scientific & Production Enterprise. The defendant will now have to pay the plaintiff over 167 million RUR.

The court proceedings were resumed after the results of the handwriting comparison had been received.

The defendant insisted that its creditor’s claims were ungrounded because the date when the promissory notes for December 2008-April 2009 were signed and the signature of the company’s General Director couldn’t be authentic as the GD was allegedly away on business on that particular day.

Incidentally, OOO Legion Commercial Bank and ZAO KB Russkiy Narodniy Bank laid similar claims against the enterprise, but Uralvagonzavod keeps denying the authenticity of the promissory notes.

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