According to the Amendments to the Decree of the President of the Republic of Azerbaijan dated July 20, 2009, No 383 On the Establishment of the Azerbaijan Railways Closed Joint Stock Company and the clause no 3.8 of the Decree of the President of the Republic of Azerbaijan dated September 18, 2015, No 622 on Additional Measures to Improve the Activity of the Joint Stock Company, one of the main authorities assigned to Azerbaijan Railways CJSC is a right of administration of assets on its balance sheet, including the transfer of that property from one balance sheet to another, the lease and use, the allocation, the cancellation (liquidation), the assessment, the repurposing and the introduction of this property as a share into projects of which the Company is a participant. In order to ensure that the sale procedures of auctioned alienation of material assets derived from the disposal of assets (funds) from the balance of the Company is not contrary to the legislation, an auction is announced according to the Rules of the Auction for Disposal of Material Assets Obtained Following the Derecognition of Fixed Assets (Funds) at Azerbaijan Railways CJSC, approved by sub-articles 8.1.7 and 8.1.12 of the Charter of Azerbaijan Railways Closed Joint-Stock Company affirmed by the Resolution of the Cabinet of Ministers of the Republic of Azerbaijan dated February 15, 2010, No 36.
The following material assets will be auctioned per enterprises:
Any State Registered resident individual or entity can participate in the auction. To do this, the following documents should be submitted to the auction commission:
The documents should be submitted to the commission by May 22, 2017. The auction will be held on May 30, 2017. Contact phone for details: mob: + (994) 51 515-30-40