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- W3113167766 abstract "The appraisal right of non-consenting shareholders represents a preventive and simultaneously the ultimate instrument of minority shareholders' protection. Causing potentially significant consequences both for the company and the shareholders, this right's enforcement procedure requires precise and comprehensive legislation. In terms of that, the 2011 Company Law made significant progress in resolving those problems arising from the implementation of this institute, which resulted from the imprecision and inconsistency of the 2004 Company Law. However, also new, more innovative solutions could make an exceptionally positive effect to the right's enforcement quality. Therefore, the paper addresses the procedure of enforcement of the nonconsenting shareholders' appraisal right both in the proceedings before the company, and the court as well as in the proceedings conducted by the Central Securities Depositary and Clearing House. The paper also points out the potential problems relating to the implementation and possible options for the solutions thereof, highlighting the advantages the new Company Law shall generate, as well as the solutions contained in the comparative legislation." @default.
- W3113167766 created "2020-12-21" @default.
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- W3113167766 date "2011-01-01" @default.
- W3113167766 modified "2023-09-23" @default.
- W3113167766 title "The procedure of enforcement of the nonconsenting shareholders' appraisal right" @default.
- W3113167766 hasPublicationYear "2011" @default.
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