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.