Yerevan citizen sues Avo F.M.H. Co Ltd
Albert Babajanyan, a former resident of Yerevan's Abovian street, has filed an action against Avetis Karagulyan, Director of Avo F.M.H. Co Ltd, which constructs elite buildings in Northern Avenue.
Under a contract signed in 2005, Avo F.M.H. was to provide Albert Babajanyan with a flat in one of the buildings erected in the area within 25 months. Babajanyan was to receive the flat as compensation.
The plaintiff states the respondent failed to carry out his contract liabilities in due order and in due time. Moreover, during the construction Avo F.M.H. violated preliminary agreement and did not transfer the assets by the right to property.
According to Avetis Karagulyan, though the key of the flat is with the plaintiff he refuses to receive a property licence.
He advised addressing other questions to his representative Stepan Grigoryan.
"All your questions will be answered in the court," said Mr. Grigoryan.
