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Document 62014TJ0436
Judgment of the General Court (First Chamber) of 7 March 2017.
Neka Novin Co., Private Joint Stock v Council of the European Union.
Common foreign and security policy — Restrictive measures taken against Iran with the aim of preventing nuclear proliferation — Freezing of funds — Maintenance of the applicant’s name on the list of persons concerned — Error of law — Manifest error of assessment — Proportionality.
Case T-436/14.
Judgment of the General Court (First Chamber) of 7 March 2017.
Neka Novin Co., Private Joint Stock v Council of the European Union.
Common foreign and security policy — Restrictive measures taken against Iran with the aim of preventing nuclear proliferation — Freezing of funds — Maintenance of the applicant’s name on the list of persons concerned — Error of law — Manifest error of assessment — Proportionality.
Case T-436/14.
Court reports – general – 'Information on unpublished decisions' section
Judgment of the General Court (First Chamber) of 7 March 2017 —
Neka Novin v Council
(Case T‑436/14)
(Common foreign and security policy — Restrictive measures taken against Iran with the aim of preventing nuclear proliferation — Freezing of funds — Maintenance of the applicant’s name on the list of persons concerned — Error of law — Manifest error of assessment — Proportionality)
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Common foreign and security policy—Restrictive measures against Iran—Freezing of funds of persons, entities or bodies engaged in or supporting nuclear proliferation—Alternative criteria fixed by EU measures for the inclusion of an entity in the lists of persons and entities concerned by the restrictive measures—Scope (Council Decision 2010/413/CFSP, Art. 20(1)(b) and (c); Council Regulation No 267/2012, Art. 23(2)(a), (b) and (d)) (see paras 23, 28, 29, 34) |
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Common foreign and security policy—Restrictive measures against Iran—Freezing of funds of persons, entities or bodies engaged in or supporting nuclear proliferation—Adverse effect on the right to property and reputation—No breach of principle of proportionality (Charter of Fundamental Rights of the European Union, Art. 17; Council Decision 2010/413/CFSP; Council Regulation No 267/2012) (see paras 50-52, 56, 57) |
Re:
APPLICATION based on Article 263 TFEU and seeking the annulment of the decision of the Council to maintain the applicant’s name on the list in Annex II to Council Decision 2010/413/CFSP of 26 July 2010 concerning restrictive measures against Iran and repealing Common Position 2007/140/CFSP (OJ 2010 L 195, p. 39), as amended by Council Decision 2011/299/CFSP of 23 May 2011 (OJ 2011 L 136, p. 65), and on the list in Annex IX to Council Regulation (EU) No 267/2012 of 23 March 2012 concerning restrictive measures against Iran and repealing Regulation (EU) No 961/2010 (OJ 2012 L 88, p. 1), as communicated by a notice of 15 March 2014.
Operative part
The Court:
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Dismisses the action; |
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Orders Neka Novin Co., Private Joint Stock to bear its own costs and to pay half of those incurred by the Council of the European Union; |
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Orders the Council to bear half of its own costs. |