THE DECISIONS OF THE LIMITED LIABILITY COMPANY ARE ACCEPTED WITHOUT HOLDING THE SHAREHOLDERS MEETING
DOI:
https://doi.org/10.17770/iss2019.5273Keywords:
board member, decision, meeting procedure, shareholder,Abstract
The Commercial Law sets out precisely the issues, the decision of which is only within the competence of the shareholders' meeting. By contrast, Article 215 of the Commercial Law grants participants the right to make decisions without convening a meeting of participants. What was the aim of the legislator in granting such rights to a member of the company? Another legal instrument was created for the decision of the participants, when the convening of the meeting of the participants is not mandatory and necessary. However, was there really a mechanism for assisting participants in decision-making when there was a need for a quick qualitative decision? This problem undoubtedly requires an in-depth additional study.Downloads
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