Scope of "financial-banking companies" under Emergency Government Ordinance 79/2008 including state-controlled non-banking financial institutions
Romania (RO)
Legislator summary
AI generatedThe High Court of Cassation and Justice admitted the referral and established a binding interpretation, clarifying that the term "financial-banking companies" under Article 8 of Emergency Government Ordinance No. 79/2008 (as amended by Law No. 203/2009) encompasses non-banking financial institutions constituted as joint-stock companies where the state is the sole or majority shareholder. This decision resolved a legal question referred by the Pitești Court of Appeal regarding the scope of application of specific economic-financial measures, effectively determining that state-controlled non-banking entities fall within the statutory category for the purposes of the challenged ordinance. The legal basis for the decision rests on the interpretation of Article 8 of Emergency Government Ordinance No. 79/2009 and Article 203/2009, in the context of the procedure for resolving questions of law under Article 521 paragraph (3) of the Code of Civil Procedure.
Legislator headnote
AI generatedart.521 alin.(3) din Codul de procedură civilă; Scope of "financial-banking companies" under Emergency Government Ordinance 79/2008 including state-controlled non-banking financial institutions: 79/2008 (as amended by Law No. 203/2009) encompasses non-banking financial institutions constituted as joint-stock companies where the state is the sole or majority shareholder. This decision resolved a legal question referred by the Pitești Court of Appeal regarding the scope of application of specific economic-financial measures, effectively determining that state-controlled non-banking entities fall within the statutory category for the purposes of the challenged ordinance. The legal basis for the decision rests on the interpretation of Article 8 of Emergency Government Ordinance No. 79/2009 and Article 203/2009, in the context of the procedure for resolving questions of law under Article 521 paragraph (3) of the Code of Civil Procedure.
Keywords
AI generatedCited Legislation
AI generatedRelated Decisions
AI generatedKey legal questions extracted by Legislator
AI generatedProcedural provision cited in the dispositive to establish the binding nature of the interpretation established by the High Court of Cassation and Justice.
Full text
ROMÂNIA
ÎNALTA CURTE DE CASAŢIE ŞI JUSTIŢIE
Completul pentru dezlegarea unor chestiuni de drept
Minuta deciziei nr.17 Dosar nr.862/1/2015
Şedinţa de la 8 iunie 2015
ÎN NUMELE LEGII
DECIDE:
Admite sesizarea formulată de Curtea de Apel Piteşti – Secţia a II-a civilă, de contencios administrativ şi fiscal, prin Încheierea din 15 ianuarie 2015, pronunţată în dosarul nr.7570/63/2013, şi stabileşte că:
Sintagma „societăţi financiar-bancare” din cuprinsul art.8 din Ordonanţa de urgenţă a Guvernului nr.79/2008 privind măsuri economico-financiare la nivelul unor operatori economici, aprobată cu modificări şi completări prin Legea nr.203/2009, cu modificările şi completările ulterioare, se referă şi la instituţiile financiare, inclusiv la instituţiile financiare nebancare constituite ca societăţi comerciale pe acţiuni la care statul este acţionar unic sau majoritar.
Obligatorie, potrivit dispoziţiilor art.521 alin.(3) din Codul de procedură civilă.
Pronunţată în şedinţă publică, astăzi, 8 iunie 2015.