The Panel also notes that a liquidator was appointed over the claimant in May 1992, following an extraordinary general meeting of the claimant's shareholders, at which a majority voted in favour of the claimant's liquidation.

Under the JSC Law and FCSM regulations, information that must be presented to a shareholder before the general meeting includes: (a) annual financial statements, in particular the auditor's report and the revision commission's report on the verification of annual financial statements; (b) information on the nominees to the company's management board, board of directors, revision commission and vote counting commission; (c) draft amendments to the charter of the company or a new version of the charter of the company; (d) draft internal documents of the company; (e) draft decisions of the general meeting of shareholders; (f) the annual report; and (g) information stipulated by the charter of the company and the JSC Law.