MOSCOW, November 1 - RAPSI, Dmitry Shchitov. A commercial court has shelved until December 15 an application filed by Port Turayevo to recognize the Serp i Molot metallurgical factory's bankruptcy, the court told the Russian Legal Information Agency (RAPSI).

The Serp i Molot metallurgical factory was established in 1883 . It is one of the oldest plants in central Russia. The Moscow authorities are developing a project to plan the enterprise's area. The plant's area may be reorganized as part of the project.

The court's decision reads that the applicant does not confirm the authorities of the individual who signed the bankruptcy statement.
In July, a Moscow commercial court issued a writ of execution to award Port Turayevo 518,560 rubles ($16,880) from the port.