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On termination of activity of provisional administration

3 April 2015
Press release

Due to the ruling of the Arbitration court of the Kursk Region, dated 26 March 2015, on the forced liquidation of the credit institution Non-bank Credit Institution First Land Settlement Centre, limited liability company (Bank of Russia Registration No. 3381-1, dated of registration — 5 November 2001), and the appointment of a liquidator, in compliance with Clause 3 of Article 18927 of the Federal Law ‘On the Insolvency (Bankruptcy)’, the Bank of Russia took a decision (Order No. OD-712, dated 3 April 2015) to terminate from 6 April 2015 the activity of the provisional administration of the credit institution Non-bank Credit Institution First Land Settlement Centre, limited liability company, appointed by Bank of Russia Order No. OD-3460, dated 10 December 2014, ‘On the Appointment of the Provisional Administration to Manage the Kursk-based Credit Institution Non-bank Credit Institution First Land Settlement Centre, Limited Liability Company, or NCI First Land SC LLC Due to the Revocation of Its Banking Licence’.


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