The creditor’s rights on the shares owned by the debtor – utopia or reality? Cover Image
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Drepturile creditorului asupra părților sociale aflate în patrimoniul debitorului – utopie sau realitate?
The creditor’s rights on the shares owned by the debtor – utopia or reality?

Author(s): Maria Dumitru
Subject(s): Law, Constitution, Jurisprudence
Published by: Uniunea Juriștilor din România
Keywords: shares (in the sense of portion of the share capital of a limited liability company); the possibility of the creditor to enforce such shares owned by his debtor;discussions.;

Summary/Abstract: In this study, the author examines whether after 1 October 2011 (when the new Romanian Civil Code entered into force), to what extent the creditor may enforce the shares (portions of the share capital of the limited – liability – company) belonging to its debtor, corroborating art. 66 of the Law no. 31/1990 on companies by Art. 1887 of the new Civil Code. One reaches the conclusion that the enforcement of the creditor on the shares in question is more illusory than real. That is, a number of de lege ferenda proposals are made, meaning that the right of enforcement on the debtor’s shares should change from a utopia into a reality.

  • Issue Year: 2013
  • Issue No: 11
  • Page Range: 104-112
  • Page Count: 9
  • Language: Romanian
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