Share capital increase under present provisions of articles of association — pre-emptive right problem

• Authors: Piotr Chylicki
• Languages of publication: EN

Abstracts

EN

The article relates to the increase of share capital in limited liability company (spółka z ograniczoną odpowiedzialnością) without altering the articles of association. Particularly, the article encompasses the subject whether it is admissible to restrict the pre-emptive right of current shareholders to subscribe shares in increased capital in the procedure of “simplified increase of capital,” arguments against such admissibility raised both in legal literature and judical opinions and arguments in favor of such admissibility. The thesis presented in the article is that the restriction of exclusion of pre-emptive right of current shareholders is de lege lata admissible in the procedure of “simplified increase of share capital.”

Keywords

EN

share capital increase; pre-emptive right; shareholder protection; pre-emptive right exclusion; code of commercial companies

• Publisher: Wydawnictwo Uniwersytetu Wroclawskiego
• Journal: Prawo
• Year: 2013
• Issue: 315/1

Contributors

author

Piotr Chylicki