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18.04.2019
Issues of introducing amendments and additions to the Law of the Republic of Uzbekistan “On public procurement” discussed
A meeting was organised in the Ministry of Finance of the Republic of Uzbekistan with the participation of responsible specialists of the Ministry of Finance, Ministry of Defense, Ministry of Economy and Industry, Ministry of Investment and Foreign Trade, Ministry of Public Education, Ministry of Preschool Education, Antimonopoly Committee of the Republic of Uzbekistan and other interested ministries and departments.
18.04.2019
Law of the Republic of Uzbekistan “On Limited and Additional Liability Companies” is amended
Firstly, the procedure of transfer of participating interest (its part) in authorised capital from one shareholder of limited liability company (hereinafter referred to as “LLC”) to another one and/or third parties is detailed. Shareholder intending to exercise right of privilege purchase has to notify another shareholder who suggested to sell the participating interest (its part) within a 7-day period. Whereas, shareholder intending to buy participating interest (s) should specify whether he/she intends to purchase in full or partly.
The President approves reorganization of Uzbekenergo
President of Uzbekistan Shavkat Mirziyoyev approved the reorganization of Uzbekenergo on 27 March.
Uzbek President signed the law on the improvement of business climate in the country
The President of Uzbekistan Shavkat Mirziyoyev signed the Law “On introducing changes and amendments to some legislative acts of the Republic of Uzbekistan in connection with the adoption of additional measures to improve the business climate in the country”.
18.04.2019
A new edition of the Civil Code of the Republic of Uzbekistan is being drafted
The President ordered to create a new edition of the Civil Code of the Republic of Uzbekistan (the “Civil Code”), which shall meet the requirements of the real market economy and international standards.