Judgment — ECLI:EU:C:2006:797
Date: 2006-12-14
Language of the case: French
Court formation: Seventh Chamber
Based on: Treaty establishing the European Economic Community (1957)
Subject matter: Right of establishment
Concepts: General
Procedure: Action for failure to fulfil obligations - successful
Origin: Luxembourg

Judgment of the Court (Seventh Chamber) of 14 December 2006 - Commission of the European Communities v Grand-Duchy of Luxembourg (Case C-223/06) 1 (Failure of a Member State to fulfil obligations - Directive 2003/51/EC - Company law - Annual accounts of certain types of companies - Failure to implement within the prescribed period) Language of the case: French Parties Applicant: Commission of the European Communities (represented by: G. Braun, Agent) Defendant: Grand-Duchy of Luxembourg (represented by: S. Schreiner, Agent) Re: Failure of a Member State to fulfil obligations - Failure to have adopted, within the prescribed period, all the provisions necessary to comply with Directive 2003/51/EC of the European Parliament and of the Council of 18 June 2003 amending Council Directives 78/660/EEC, 83/349/EEC, 86/635/EEC and 91/674/EEC on the annual and consolidated accounts of certain types of companies, banks and other financial institutions and insurance undertakings (OJ L 178, p.16) Operative part of the judgment The Court: 1. Declares that, by failing to adopt, within the prescribed period, the laws, regulations and administrative provisions necessary to comply with Directive 2003/51/EC of the European Parliament and of the Council of 18 June 2003 amending Council Directives 78/660/EEC, 83/349/EEC, 86/635/EEC and 91/674/EEC on the annual and consolidated accounts of certain types of companies, banks and other financial institutions and insurance undertakings, the Grand-Duchy of Luxembourg has failed to fulfil its obligations under that directive; 2. Orders the Grand-Duchy of Luxembourg to pay the costs. ____________ 1 - OJ C 165, 15.07.2006