Joint-Stock Company Joint Venture ZARECHNOYE (hereinafter referred to as the Company) determines the name, location, procedure for formation and competence of the Company's bodies, terms of reorganization, termination of the Company's activities and other provisions that do not contradict the legislation of the Republic of Kazakhstan.
The Company was established in accordance with the Founding Agreement on the establishment and activities of the Company, concluded on the basis of a decision of the Founders (Minutes of the Founders' meeting dated August 23, 2001).
Full and abbreviated corporate name of the Company:
in the state language:
• full name – «ZARECHNOYE» birlesken käsiporny» akcionerlik qoghamy;
• abbreviated name – «ZARECHNOYE» BK» AQ;
in Russian:
• full name – Aktsionernoye obshchestvo «Sovmestnoye predpriyatiye «ZARECHNOYE»;
• abbreviated name – АО «SP «ZARECHNOYE»;
in English:
• full name – Joint stock company «Joint venture «ZARECHNOE»;
• abbreviated name – JSC «JV «ZARECHNOE»;
in Kyrgyz:
• full name – «ZARECHNOYE» «birgeleshken ishkanasy» Aktsionerdik koomu;
• abbreviated name – «ZARECHNOYE» BI AK.
Location of the Company's executive body: 160712, Republic of Kazakhstan, Turkestan region, Otyrar district, Timur rural district, B. Momyshuly St., building No. 51.
The term of the Company's activity is unlimited.
The Company is a legal entity in accordance with the legislation of the Republic of Kazakhstan, operating in the organizational and legal form of a joint-stock company, and in its activities is guided by the Constitution of the Republic of Kazakhstan, the Civil Code of the Republic of Kazakhstan, the Law of the Republic of Kazakhstan "On Joint–Stock Companies", other regulatory legal acts of the Republic of Kazakhstan (hereinafter - the legislation of the Republic of Kazakhstan) and the Articles of Association of the Company, as well as decisions of the general meeting of shareholders and other bodies of the Company.
The Company has an independent balance sheet, bank accounts, can acquire and exercise property and personal non-property rights on its own behalf, bear obligations, and be a plaintiff and defendant in court.
The company has a seal, letterheads with its name and other details necessary for the implementation of its activities.
Financial and production activities of the Company are carried out on the basis of economic independence.
The Company has the right to participate in the authorized capital of legal entities in accordance with the procedure established by the legislation of the Republic of Kazakhstan and the Company Charter.
In accordance with the procedure provided for by the legislative acts of the Republic of Kazakhstan, the Company has the right to establish branches (representative offices) located outside its location, which are not legal entities and act on behalf of and on behalf of the Company on the basis of their Regulations.
The Company shall exercise the right to own, use and dispose of its property in accordance with the legislation of the Republic of Kazakhstan and the Company Charter.
The Company is the owner of property transferred by shareholders to pay for the Company's shares, property (including income) obtained as a result of its business activities, as well as property acquired on other grounds that do not contradict the legislation of the Republic of Kazakhstan.
The Company has property separated from the property of its shareholders and is not liable for their obligations. The Company shall be liable for its obligations within its property. The State shall not be liable for the obligations of the Company, the Company shall not be liable for the obligations of the state.
The Company's shareholders are not liable for its obligations and bear the risk of losses related to the Company's activities within the value of their shares, except in cases provided for by the legislation of the Republic of Kazakhstan.