CELEX: 62012TA0176
Language: en
Date: 2015-01-22 00:00:00
Title: Case T-176/12: Judgment of the General Court of 22 January 2015  — Bank Tejarat v Council (Common foreign and security policy — Restrictive measures against Iran with the aim of preventing nuclear proliferation — Freezing of funds — Error of assessment)

9.3.2015   
            
            
               EN
            
            
               Official Journal of the European Union
            
            
               C 81/14
            
         Judgment of the General Court of 22 January 2015 — Bank Tejarat v Council
   (Case T-176/12) (1)
   
   ((Common foreign and security policy - Restrictive measures against Iran with the aim of preventing nuclear proliferation - Freezing of funds - Error of assessment))
   (2015/C 081/17)
   Language of the case: English
   
      Parties
   
   
      Applicant: Bank Tejarat (Tehran, Iran) (represented by: S. Zaiwalla, P. Reddy, F. Zaiwalla and Z. Burbeza, Solicitors, D. Wyatt QC, and R. Blakeley, Barrister)
   
      Defendant: Council of the European Union (represented by: M. Bishop and S. Cook, acting as Agents)
   
      Re:
   
   Application for the annulment in part, with immediate effect, of Council Decision 2012/35/CFSP of 23 January 2012, amending Decision 2010/413/CFSP concerning restrictive measures against Iran (OJ 2012 L 19, p. 22), of Council Implementing Regulation (EU) No 54/2012 of 23 January 2012 implementing Regulation (EU) No 961/2010 on restrictive measures against Iran (OJ 2012 L 19, p. 1), of 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) and of Council Implementing Regulation (EU) No 709/2012 of 2 August 2012 implementing Regulation (EU) No 267/2012 (OJ 2012 L 208, p. 2).
   
      Operative part of the judgment
   
   The Court:
   
               1.
            
            
               Annuls, in so far as they concern Bank Tejarat:
               
                           —
                        
                        
                           Point 2 of Table I.B in Annex I to Council Decision 2012/35/CFSP of 23 January 2012, amending Decision 2010/413/CFSP on restrictive measures against Iran;
                        
                     
                           —
                        
                        
                           Point 2 of Table I.B in Annex I to Council Implementing Regulation (EU) No 54/2012 of 23 January 2012, implementing Regulation (EU) No 961/2010 on the adoption of restrictive measures against Iran;
                        
                     
                           —
                        
                        
                           Point 105 of Table I.B in Annex IX to Council Regulation (EU) No 267/2012 of 23 March 2012 on the adoption of restrictive measures against Iran and repealing Regulation (EU) No 961/2010;
                        
                     
                           —
                        
                        
                           Point 5 of Annex II to Council Implementing Regulation (EU) No 709/2012 of 2 August 2012, implementing Regulation No 267/2012.
                        
                     
         
               2.
            
            
               Dismisses the remainder of the action;
            
         
               3.
            
            
               Declares that the effects of Council Decision 2010/413/CFSP of 26 July 2010 on restrictive measures against Iran and repealing Common Position 2007/140/CFSP, as amended by Decision 2012/35, are maintained as regards Bank Tejarat until the annulment of Regulation No 267/2012 and Implementing Regulation No 709/2012 takes effect;
            
         
               4.
            
            
               Orders the Council of the European Union to pay the costs.
            
         
      (1)  OJ C 174, 16.6.2012.