The control of the documents and the activity of the limited liability company is a personal non-patrimonial right that belongs to each associate, who does not also have the capacity of administrator, based on his quality and his legitimate interest in knowing the financial situation and the patrimonial evolution of the company. ...

The right of the shareholders to withdraw from a joint stock company, in the event of a decision of the general meeting of the shareholders activating the procedure regulated by art. 134 of the Law no. 31/1990, with the consequence that the shareholder who disagreed with such a decision has received from the company the value of the shares in possession, at a value determined by an expert according to the legal procedure, is not conditional upo...

The procedure by which the right of informing the significant shareholders, by which the drawing up of a supplementary report, is used is a special procedure, regulated by Law no. 297/2004 and Law no. 24/2017, which is completed with the provisions of the contentious procedure contained in the Code of Civil Procedure.

Violation of corporate rights derived from the capacity of a shareholder can also be sanctioned through administrative law instruments by the Financial Supervision Authority.On the other hand, the vote expressed against the adoption of a decision of the board of directors with the potential to violate the rights derived from the capacity of a shareholder is a manifestation of the will of the natural person – administrator – to exonerate ...

The right of the shareholders to withdraw from a joint stock company, in the event of a decision of the general meeting of the shareholders activating the procedure regulated by art. 134 of the Law no. 31/1990, with the consequence that the shareholder who disagreed with such a decision has received from the company the value of the shares in possession, at a value determined by an expert according to the legal procedure, is not conditional up...

The most important event in the life of a joint stock company is the general meeting of shareholders, be it either ordinary or extraordinary, a meeting in which the shareholders establish, by vote, the direction of the development course of its activity. Traditionally, the expression of the vote in the general meeting was done within the organized framework of the meeting by expressing it directly or through a representative. The evolution of s...

The Board of Directors and t he Supervisory Board are two essential structures within the operating mechanism of a joint stock company, both structures are organized as collegial bodies of the company, the operating of one or the other being organized within a joint stock company in accordance with its management system as decided by the shareholders, at the establishment of the company or afterwards, during its operation, by a resolution of th...

The General meeting of shareholders is one of the most important events in the life of a joint-stock company, during which the most important decisions for the functioning of the company are taken. These decisions represent the collective will expressed by the vote of shareholders given directly, by mail or through a proxy. ...

Companies Act regulates two institutions with similar purpose for the recipient of the effects of these institutions – social capital of a company being set up or increase the capital of an existing company, in both versions through a execution of a contribution in kind. The need to distinguish between the two institutions, the partial division of the contribution in kind, has both theoretical and practical importance by identifying and ...

The issuing of bonds is a way of financing the activity of the company and is a type of financing much more inexpensive than the ones offered by banks, recommending it for attracting necessary funds. Keywords: bonds, bond...