Court to consider Maksimov vs. Maxi Group

18 January 2010 (07:25)

Sverdlovsk Region Arbitration Court is to resume the hearing of the claim laid by Maxi Group’s minority shareholder Nikolai Maksimov against Maxi Group and Nizhneserginskiy metal products plant on February 12, 2010, the spokesperson for the court informed UrBC.


The plaintiff insists that two of Maxi Group’s sole executive body’s decisions be declared invalid. The decisions concern voting for Point 5 (the approval of the plant’s new Charter) at Nizhneserginskiy metal products plant’s AGM in 2008 and the resolution regarding Point 5 (the approval of the plant’s new Charter) taken at the plant’s AGM on June 10, 2009.


Novolipetsk Iron & Steel Works (NLMK) is involved in the case as a third party.


In fact, the case was transferred to the regional court after being handled by Moscow Arbitration Court.


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