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First court case on Government Commission consent

DATE: December 21, 2023 | AUTHOR: AT

On 16.10.2023 Moscow District Arbitrazh Court upheld a court of appeal ruling issued on a case involving of violation of President’s decree providing for consent of the Government Commission for certain transaction. The case involved a real estate sale and purchase agreement made by a Russian company controlled by a German company. The courts recognized the agreement as invalid, as it was made without the consent of the Government Commission, with reference to Articles 10 and 168 of the RF Civil Code.

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