THE PROBLEM OF EXCLUDING A PARTNER C LTD DUE TO NON-PAYMENT OF PARTICIPATION

Margarita Bachvarova ()
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Margarita Bachvarova: Varna University of Economics

THE LAW AND THE BUSINESS IN THE CONTEMPORARY SOCIETY, 2020, issue 1, 34-39

Abstract: The report raises the problem of the exclusion of a partner as a penalty consequence for culpable neglect of the obligations arising out of the membership. It supports the thesis that exclusion is a subjective right of the company. Exclusion is defined as having a dynamic actual structure, and three major elements thereof have been examined: grounds for exclusion, procedure, and legal consequences of the termination of membership. It has been inferred that the principle for validity of exclusion is a legal guarantee for the freedom of the individual in the relationship between personality and society.

Keywords: membership; company; rights. (search for similar items in EconPapers)
JEL-codes: K00 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:vra:lbcs20:y:2020:i:1:p:34-39

DOI: 10.36997/LBCS2020.34

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