THE REGULATION OF THE LIMITED LIABILITY COMPANY WITH A SOLE PARTNER IN THE EUROPEAN UNION Cover Image

THE REGULATION OF THE LIMITED LIABILITY COMPANY WITH A SOLE PARTNER IN THE EUROPEAN UNION
THE REGULATION OF THE LIMITED LIABILITY COMPANY WITH A SOLE PARTNER IN THE EUROPEAN UNION

Author(s): Eugenia Gabriela Leuciuc, Irina-Ştefana Cibotariu
Subject(s): Business Economy / Management, Law on Economics, Commercial Law
Published by: Asociaţia de Cooperare Cultural-Educaţională Suceava
Keywords: associates; share capital; social shares; memorandum act; limited liability with a sole partner;

Summary/Abstract: The limited liability company with a sole partner has existed from the beginning in the most controversial corporate form. This fact contradicts the principles governing the body of legal entities in general and companies in particular. The normative consecration of the sole proprietorship was made to the detriment of the economic enterprise based on the theory of the patrimony of affectation by finally opting for its grafting on the foot of the limited liability company due to the numerous practical advantages of operating this type of company. This vision also characterizes the way the regulation of the limited liability companies with sole partner is made at the level of the European Union based on the provisions of the Council Directive 89/667 / EEC of Dec. 21st, 1989 on the company law in respect of the limited liability companies with a sole shareholder as amended by Council Directive 2006/99 / EC of November 20th, 2006.

  • Issue Year: 9/2020
  • Issue No: 2
  • Page Range: 0-0
  • Page Count: 4
  • Language: English
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