Vladimir Putin has instructed that, by 1 April, the question of how limitation periods are calculated when privatisation transactions are challenged be considered. This follows a recent decision of the Constitutional Court, which held that the absence of any time limit on claims in corruption cases is contrary to the Constitution.
The standard limitation periods are now three years and 10 years, but they do not apply to claims for deprivatisation. The President has instructed the Government and the Russian Union of Industrialists and Entrepreneurs (RSPP) to amend the legislation so as to remove the legal uncertainty.
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