Disposal of the Interdiction on Being a Sole Shareholder in Several Limited Liability Companies (The Repeal of Art. 14 of the Companies Law No. 31/1990) – Who Does It Use?

Mioara-Maria Dumitru-Nica ()
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Mioara-Maria Dumitru-Nica: Associate Professor PhD, Faculty of Law and Administrative Sciences, „Ștefan cel Mare†University, Suceava

European Journal of Law and Public Administration, 2021, vol. 8, issue 1, 104-113

Abstract: The present article proposes a brief analysis of one of the most controversial amendments to the Companies Law no. 31/1990: the repeal of art. 14 or, in translation, the disposal of the interdiction on a natural or legal person on being a sole shareholder in several limited liability companies. Starting from the presentation of the route taken by the legislative proposal- which currently takes the form of Law no. 102/2020 for the amendment and completion of the Companies Law no. 31 / 1990-, presenting the reason for such a change, in the final part of the article we balance the nuances of enthusiasm, but also those of reluctance with which the doctrine and the business environment embraced the disposal of this interdiction.

Keywords: Limited liability company; single-member company; sole shareholder interdiction (search for similar items in EconPapers)
JEL-codes: K10 K15 K33 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:lum:ejlpa1:v:8:y:2021:i:1:p:104-113

DOI: 10.18662/eljpa/8.1/153

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