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AUTHORITY DECISION4734Tender Process Disputes

Where a person against whom criminal proceedings have been brought holds a minority shareholding, may the company take part in tenders?

Decision number:
2015/UH.I-3476
Decision date:
07 April 2023

Under the second paragraph of Article 59 of the Law, persons against whom criminal proceedings have been brought may not take part in tenders by submitting a bid on their own behalf or on behalf of a legal person or another natural person, and capital companies in which they hold more than half of the capital may likewise not take part.

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