YEREVAN, July 14. /ARKA/. The Armenian Administrative Court has dismissed the lawsuit filed by Tashir Capital against the Armenian government, according to the Ministry of Territorial Administration and Infrastructure of Armenia:
The company, part of the Tashir group, filed the lawsuit on July 1, demanding recognition of the absence of legal relations regarding the transfer of 70% of the shares of Electric Networks of Armenia:
The court concluded that such a lawsuit is not subject to judicial review:
On April 9, Armenian Prime Minister Nikol Pashinyan stated that the Electric Networks had been de facto nationalized:
On June 22, a draft government decision was published recognizing the public priority interest in 100% of ESA shares:
Previously, several media reported a possible valuation of the acquisition of ESA by the state at around $380,000:
On November 17, the Commission for Regulation of Public Services revoked ESA's license for electricity distribution:
