23/11/2017-19:11:49 


***EREGL*** EREĞLİ DEMİR VE ÇELİK FABRİKALARI T.A.Ş.( Lawsuit Against Company or Developments in the Lawsuit Against Company )

Related Companies                                  []
Related Funds                                      []
English
Lawsuit Against Company or Developments in the Lawsuit Against Company

 Update Notification Flag
Evet (Yes)
 Correction Notification Flag
Hayır (No)
 Date Of The Previous Notification About The Same Subject
04.10.2017
 Postponed Notification Flag
Hayır (No)
 Announcement Content

  Date of Lawsuit
17.04.2013
  Notification Date of Lawsuit to Company
06.06.2013
  Subject of Lawsuit
Demand of Compensation of Loss Arising Out of Sale Contract
  Counterparties of Lawsuit
Bor-San Isı Sistemleri Üretim ve Pazarlama A.Ş.
  Lawsuit Amount
10.837.801,69 TL
  Ratio of Lawsuit Amount to Total Assets Disclosed in Latest Financial Statements of Entity (%)
0,05
  Relavant Court and File Number
Kdz. Ereğli Civil Court of First Instance 3rd / 2015/16 E.
  Trial Date
-
  Decision
-
  Next Trial Date
29.12.2017
  Amount of Provision in Financial Statements if any
-
  Effect to Operations of Company
-
 Explanations

Action of date with the demand of compensation of loss arising out of sale contract with the value of 17.800.-TL by reserving the rights regarding to the surpluses has been filed against our Company on April 17th, 2013 to the Kdz. Ereğli Civil Court of First Instance 3rd with the file numbered 2013/253 by Bor-San Isı Sistemleri Üretim ve Pazarlama A.Ş.. It has been learnt that the plaintiff demanded from the court that value of the action is to be raised to 10.837.801,69.-TL with the amendment petition notified to our Company in the direction of expert report submitted to the court. Objection has been made against the mentioned expert report and the amendment petition by our company in its legal term. An objection also has been made against the second expert report and the court has decided to reject the action filed against our Company in the last trial conducted. In the Supreme Court's decision notified to our Company, the judgment has been reversed in terms of principles by the statement of that the action must be examined in terms of decree. Revision of the decision against the reversal of the judgment has been demanded by our company. The rejection decision of Supreme Court has been notified to the Company on January 28, 2015. Kdz. Ereğli Civil Court of First Instance 3rd has dismissed the case at the hearing held on September 9th, 2015 (2015/16 Docket Number). Court of Appeals' 19th Chamber dismissed the appellate request of Bor-San Isı Sistemleri Üretim ve Pazarlama A.Ş. and accepted the appealate request of the Company in terms of retainer fee. Revision of the decision has been demanded by Bor-San Isı Sistemleri Üretim ve Pazarlama A.Ş. against the decision of Court of Appeals' 19th Chamber. Bor-San Isı Sistemleri Üretim ve Pazarlama A.Ş.'s demand for revision of the decision has been rejected by Court of Appeals' 19th Chamber's decision dated April 18th, 2017. The rejection decision of Court of Appeals' 19th Chamber has been notified to the Company on June 5th, 2017. The file has numbered 2017/110 at Kdz. Ereğli Civil Court of First Instance 3rd. The trial will be held on 29.12.2017. In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.




www.kap.org.tr/en/Bildirim/642590


BIST

Eregli Demir ve Çelik Fabrikalari TAS published this content on 23 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 November 2017 16:16:08 UTC.

Original documenthttps://webservice.foreks.com/foreks-web-widget/news/view/newsContent/get/5a16f345000000017bf2d199?lang=en&theme=erdemir

Public permalinkhttp://www.publicnow.com/view/8E8873FB451BC1D2110BD20CEE476A525F188480