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The Concept and Characteristics of Disputes Arising in Non-Public Joint-Stock Companies

Abstract

The essence, concept and attributes of disputes arising in non-public joint-stock companies are considered in the article, taking into account the changes introduced by Federal Law N 99 of 05.05.2014 "On Amendments to Chapter 4 of Part One of the Civil Code of the Russian Federation and on the Repeal of Certain Provisions of Legislative acts of the Russian Federation" and Federal Law N 210 of June 29, 2015 "On Amending Certain Legislative Acts of the Russian Federation and Recognizing the Invalidation of Certain Provisions of Legislation the acts of the Russian Federation". In this article, the provisions established by these changes are considered as one of the factors that influence the emergence of corporate disputes in the management of society. The author establishes distinctions between the concepts of "corporate conflict" and corporate dispute "and then considers a separate group of corporate disputes that are expressed in an intentionally created by one or several participants, the impossibility of taking a decision by shareholders of a non-public joint stock company on one, two, three consecutive or close friends to a friend general meetings of shareholders, the negative consequences of which are expressed in the non-acceptance of decisions vital for a non-public joint-stock company. The article explores in detail the subjective and objective features of the "dead end" situation in the management of society, the factors and possible causes of its occurrence, after which possible options for determining the appropriate category of disputes are given. The reason for the emergence of a designated group of disputes is considered separately, according to the author, which is a violation of the balance of interests in the corporation – the discrepancy between the personal interests of the founders and (or) members of the society that realize the interest of the society to the interests of this society or the discrepancy of the private interests of the founders and participants of the society among themselves. Also, the author of the article proposes legal mechanisms – perspective directions that can minimize the emergence of corporate disputes in non-public joint-stock companies.

About the Author

M. V. Demchuk
Moscow State University of Law named after O. E. Kutafin (MSAL)
Russian Federation

Master of the Second Year of the Institute of Business Law of the MSAL.

Address: 9 Sadovaya-Kudrinskaya Str., Moscow, 125993



References

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Review

For citations:


Demchuk M.V. The Concept and Characteristics of Disputes Arising in Non-Public Joint-Stock Companies. ECONOMICS. LAW. SOCIETY. 2017;(4):96-104. (In Russ.)

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ISSN 2411-118X (Print)