2019-06-20 The Plenum of the Constitutional Court of the Republic of Azerbaijan held a regular session

Xəbərlər

2019 Jun

The Plenum of the Constitutional Court of the Republic of Azerbaijan, chaired by Mr. Farhad Abdullayev, held its regular session in the procedure of special proceeding.

 

The constitutional case was submitted by the Nasimi District Court of Baku city on interpretation of Article 746 of the Civil Code of the Republic of Azerbaijan in relation with the possibility of applying of consumer credits to this article.

 

Having heard the report of Judge Kamran Shafiyev, the reports of the legal representatives of the subjects interested in special constitutional proceedings, conclusions of expert, examined the materials of the case the Plenum of Constitutional Court of the Republic of Azerbaijan adopted decision.

 

The decision states that Article 422 of the Civil Code of the Republic of Azerbaijan covers consumer credits. In accordance with the requirements of this Article and the depictive-reasoning part of this Decision, the bank (creditor) may refuse to issue a loan if the debtor 's property becomes bad enough, which may jeopardize the repayment of the debt.

The decision come into force from the date of its publication, is final, and may not be cancelled, changed or officially interpreted by any institution or official.