Article 121. The grounds and procedure for imposing a fine for violating the law on company names, as well as the procedure for paying a fine by legal entities

Illegal use of the name of the company causes legal entities to be fined from one hundred to two hundred times the amount of the base calculation. The amount of fines is determined separately for each type of violation.

Based on an application submitted by the holder of the right to the firm name, the Ministry of Justice of the Republic of Uzbekistan, the Ministry of Justice of the Republic of Karakalpakstan, and the justice departments of the regions and the city of Tashkent (hereinafter referred to as the justice body) shall conduct inspections to ensure compliance with the right to use the firm name. Inspections conducted in respect of business entities shall be carried out in accordance with the procedure established by legislation, upon notifying the Representative for the Protection of the Rights and Legitimate Interests of Business Entities under the President of the Republic of Uzbekistan.

Fines shall be imposed by the justice body based on inspections conducted in the manner stipulated in the second part of this Article. In this case, an act regarding the infringement detected during the inspection shall be drawn up and signed by the officials of the justice body and the infringing legal entity (hereinafter referred to as the infringer), respectively.

In the event that the infringer (or their representative) refuses to sign the act, the official of the justice body must confirm this fact with the help of a video recording attached to the said act or in the presence of two witnesses.

The justice body shall adopt a decision on imposing a fine on the infringer in the amounts stipulated in the first part of this Article, within five working days from the date of formalization of the act regarding the detection of the infringement that served as the basis for imposing the fine.

The decision on imposing a fine shall be signed by the head of the justice body (or the person acting in their place) and shall be sent to the infringer within one working day.

Within one month from the date of sending the decision on imposing a fine, the offender may voluntarily pay the amount of the fine stipulated in this decision.

In the event that seventy percent of the amount of the fine provided for in the decision on imposing a fine is voluntarily paid by the offender, the offender shall be exempted from paying the remaining amount of the fine.