Incomplete Lawsuit Filed by the Administrative Court of Justice on IPCs Resolution (1)

Date : 2019/08/24
Kleinanlegerschutzgesetz, Crowdfunding, Finanzierungen
IPC Oil & Gas Law
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Post Description: In the recent lawsuit filed by the Economic and Financial Specialist Panel of the Administrative Court of Justice, despite allegations of unlawful paradigm shift of government monopoly on the investment, ownership and management of activities and enterprises dealing with the exploration and production of crude oil and gas but in the end, no assignment has been made.

This article was published in August 2019 in Fars News Agency.

 

Incomplete Lawsuit Filed by the Administrative Court of Justice on IPCs Resolution (1)

In the recent lawsuit filed by the Economic and Financial Specialist Panel of the Administrative Court of Justice, despite allegations of unlawful paradigm shift of government monopoly on the investment, ownership and management of activities and enterprises dealing with the exploration and production of crude oil and gas but in the end, no assignment has been made.

If the "Ministers Cabinet Iran Petroleum Contracts (IPCs) Resolution" is viewed from the perspective of the legal tool for shifting the state monopoly paradigm in managing the activities and setting up of enterprises dealing with the exploration and production of crude oil and gas, the importance of the reasoning of the Administrative Court of Justice about legal objection to this paradigm shift, becomes clearer.