The joint stock company appealed to the arbitration

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A joint stock company (created in the process of privatization) applied to the arbitration court to invalidate the decision of the property management committee to exclude the property from the authorized capital of the company.
Is the property management committee entitled to unilaterally decide on the withdrawal of a building from the joint-stock company’s assets and thereby reduce its authorized capital? Are the claims of AO subject to satisfaction?

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