MOSCOW, March 19 - RAPSI. The Moscow Commercial Court has postponed until March 26 its hearing of a lawsuit filed by minority shareholders of Ingosstrakh insurance company to revoke decisions made at its annual shareholders meeting.

The minority shareholders disagree with the approval of interested-party contracts. The plaintiffs maintain that Ingosstrakh's shareholders, who own a 60 percent stake in the company, are affiliated with Oleg Deripaska's Basic Element (BasEl), and should not vote on contracts with other companies affiliated with BasEl.

The court decided that the plaintiffs failed to prove that Ingosstrakh's shareholders are affiliated with Deripaska, or other companies cooperating with Ingosstrakh.

The plaintiffs earlier said the voting procedure was violated as the interested individuals were allowed to vote. Ingosstrakh refused to expose the contract conditions to minority shareholders.

Ingosstrakh denied the charges, claiming there is no evidence that the shareholders are affiliated with Deripaska.

Ingosstrakh is a leading Russian insurance company operating on the international and domestic markets since 1947. The company has offices in 220 Russian cities and towns, as well as subsidiaries and representative offices abroad.