Article | Problematic Aspects of Application of Law of Ukraine «On Joint Stock Companies» Part 5, Article 70 |
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Authors | Artiomov Ye. |
Name of magazine | Journal «The Student Legal Journal» (Ukrainian language) |
Issue | 2 / 2013 |
Pages | 51 - 57 |
Annotation | Insufficiency of research of law definitions applied by a legislator with the purpose of protection of corporate rights for shareholders is caused topicality of the article. Norms of Law of Ukraine «On Joint Stock Companies» regulating a concept «Large transaction», maintenance of this concept are analyzed in the article. The methods of protection of violated rights and interests of shareholders are offered via Article 6 of the Convention for the Protection of Human Rights and Fundamental Freedoms. The author offers his own understanding of the concept «Bargain item», which is used in pt. 5 Article 70 of Law of Ukraine «On Joint Stock Companies». Under a «bargain item» author suggests implying law consequences to that parties aspired at the time of signing it. Author draws a conclusion about the purview of this norm and about the possible methods of protection of rights for shareholders. |
Keywords | major transaction, protection of civil rights, Convention for the Protection of Human Rights and Fundamental Freedoms, transactions subject, protection of corporate rights for shareholders, corporate rights. |
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