Alytus, Lithuania, 2013-01-22 14:34 CET (GLOBE NEWSWIRE) -- On 21 January 2013 company group ALITA, AB (hereinafter, the “Company”) received the ruling of the Supreme Administrative Court of Lithuania, according to which the appeal of Plass Investments Limited regarding the decision of the Vilnius Regional Administrative Court, dated 18 June 2012, was rejected. The ruling of the Supreme Administrative Court of Lithuania is final and not subject to appeal.
In the administrative case Plass Investments Limited requested to annul the resolutions of the State Enterprise Centre of Registers of 5 and 6 October 2011, according to which the Articles of Association of the Company with the reduced and increased authorised capital were registered respectively. Consequently, following adoption of the said ruling of the Supreme Administrative Court of Lithuania, it was finally stated that the resolutions of the State Enterprise Centre of Registers of 5 and 6 October 2011 to register the Articles of Association of the Company with the reduced and increased authorised capital, respectively, were lawful.
Additional information is provided by the General Director Vaidas Mickus, phone number + 370 315 57243.