SOME ISSUES OF PROTECTION OF THE CORPORATE RIGHTS OF MEMBERS OF A LIMITED LIABILITY COMPANY BY CHALLENGING THE DECISION OF THE GENERAL MEETING OF SHAREHOLDERS

Authors

Keywords:

the decision of the general meeting, void decision, controversial decision, legal fact, exercising of rights, protection of rights, limitation period

Abstract

In this article, in addition to clarifying the legal nature of the decision of the general meeting, the judicial practice related to the recognition of the decisions of the general meeting as invalid, the processes based on the right and procedure for appealing by the participants to the court, for the consideration of disputes of this category in court and the execution of a judicial document are analyzed. Also, emphasizing that the decision of the general meeting is a separate legal fact that arises based on the will of the shareholders, various approaches to this matter, including opinions denying the view of the decision of the general meeting as a “deal” or “regulatory document” were expressed. Furthermore, by dividing the decisions of the general meeting into the void and controversial decisions, their similarities and differences, the conditions of claims in this regard, and the existing problems and solutions in protecting the rights of shareholders by the courts are studied, based on comparative legal analysis and substantive procedural law, proposals are made on the improvement of norms and amendments to the decisions of the Plenum of the Supreme сourt. Another important aspect of the article is that the cases considered by the courts in this category have been summarized and the practical experiences of the Supreme Court have been shared with regard to the shortcomings identified in the process of summarization.

References

1. Vilkin S.S. Grazhdansko-pravovaya priroda volevykh aktov kollegial’nykh organov yuridicheskogo litsa [Civil law nature of volitional acts of collegial bodies of a legal entity]. Abstract of PhD thesis. Moscow, 2009, pp. 23–30.

2. Terent’yeva N.S. K voprosu o pravovoy prirode resheniya obshchego sobraniya uchastnikov obshchestva s ogranichennoy otvetstvennost’yu v svete reformirovaniya grazhdanskogo zakonodatel’stva [To the question of the legal nature of the decision of the general meeting of participants in a limited liability company in the light of the reform of civil legislation]. Yurist – Lawyer, 2013, no. 9, p. 26.

3. Rodionova O.M. O pravovoy prirode resheniy sobraniy i ikh nedeystvitel’nosti v germanskom i rossiyskom grazhdanskom prave [On the legal nature of decisions of meetings and their invalidity in German and Russian civil law]. Vestnik grazhdanskogo prava – Bulletin of Civil Law, 2012, no. 5, pp. 68–72.

4. Lomakin D.V. Korporativnyye pravootnosheniya: obshchaya teoriya i praktika yee primeneniya v khozyaystvennykh obshchestvakh [Corporate Legal Relations: General Theory and Practice of Its Application in Business Companies]. pp. 187–190.

5. Tarasenko Yu.A. O pravovykh posledstviyakh prinyatiya nezakonnogo resheniya obshchim sobraniyem khozyaystvennogo obshchestva [On the legal consequences of making an illegal decision by the general meeting of a business company]. Vestnik VAS RF – Bulletin of the Supreme Arbitration Court of the Russian Federation, 2009, no. 5, pp. 94–97.

6. Osushchestvleniya prav uchastnika obshchestva s ogranichennoy otvetstvennost’yu v upravlenii delami obshchestva i nekotoryye voprosy sudebnoy zashchity [Exercise of the rights of a participant in a limited liability company in managing the affairs of the company and some issues of judicial protection]. Justice, Legal, scientific and practical publication, 2022.

7. Glusheskiy A.A. Kvorum obshchego sobraniya aktsionerov i kvorum po voprosu povestki dnya obshchego sobraniya aktsionerov [Quorum of the general meeting of shareholders and quorum on the agenda item of the general meeting of shareholders]. Pravo i ekonomika – Law and Economics, 2017, no. 6, part I, pp. 40–41.

8. Statistical data of the Supreme Court of the Republic of Uzbekistan for the period 2020-2021 and 9 months of 2022.

9. Nikologorskaya E.I. Uregulirovaniye korporativnykh konfliktov k aktsionernym pravootnosheniyam [Settlement of corporate conflicts to joint-stock legal relations]. Pp. 49–50.

10. Rubeko G.L. Nekotoryye aspekty obzhalovaniya resheniy obshchego sobraniya aktsionerov [Some Aspects of Appealing Decisions of the General Meeting of Shareholders]. Sovremennoye pravo – Modern Law, 2014, no. 12, pp. 75–76.

11. Grazhdansko-protsessual’noye pravo Respubliki Uzbekistan [Civil Procedural Law of the Republic of Uzbekistan]. Tashkent, Adolat Publ., 2001, p. 136.

12. Timonov M.A. Osobennosti primeneniya obespechitel’nykh mer v arbitrazhnom protsesse [Features of the application of interim measures in the arbitration process]. PhD thesis. St. Petersburg, 2006, p. 63.

13. Bundesrecht konsolidiert: Gesamte Rechtsvorschrift für Aktiengesetz [Federal Law Consolidated: Entire Stock Corporation Act Legislation]. Available at: https://www.ris.bka.gv.at/GeltendeFassung.wxe?Abfrage=Bundesnormen &Gesetzesnummer=10002070/.

14. Pravovyye posledstviya priznaniya resheniy obshchego sobraniya aktsionerov (uchastnikov) nedeystvitel’nymi [Legal Consequences of Recognizing Decisions of the General Meeting of Shareholders (Participants) as Invalid]. Available at: http://www.jbi-group.ru/media-and-event/jbi_press/pravovye-posledstviya-priznaniya-resheniy-obshchego-sobraniya-aktsionerov-uchastnikov-nedeystvitelny/.

15. Kuznetsov A.A. Osparivaniye resheniy obshchikh sobraniy uchastnikov (aktsionerov) [Challenging decisions of general meetings of participants (shareholders)]. Corporate law in anticipation of change. Collection of articles for the 20th anniversary of the LLC Law, 2020, p. 213.

16. Schäfer B. Decree. pp. 1055–1082.

17. Makovskaya A.A. Pravovyye posledstviya nedeystvitel’nosti resheniy obshchego sobraniya aktsionerov i soveta direktorov aktsionernogo obshchestva [Legal Consequences of Invalidity of Decisions of the General Meeting of Shareholders and the Board of Directors of a Joint Stock Company]. Invalidity in civil law: problems, trends, practice. Collection of articles. Rep. ed. M.A. Rozhkova. Moscow, 2006, p. 353.

18. Lomakin D.V. Ocherki teorii aktsionernogo prava i praktiki primeneniya aktsionernogo zakonodatel’stva [Essays on the theory of joint stock law and the practice of applying joint stock legislation]. Pp. 158–159.

19. Schäfer B. GmbHG [GmbHG]. Comment. 4th, revised ed. 2019, pp. 1060–1061.

Downloads

Published

2026-02-18

How to Cite

SOME ISSUES OF PROTECTION OF THE CORPORATE RIGHTS OF MEMBERS OF A LIMITED LIABILITY COMPANY BY CHALLENGING THE DECISION OF THE GENERAL MEETING OF SHAREHOLDERS. (2026). JURISPRUDENCE, 2(6), 63-80. https://yurisprudensiya.tsul.uz/index.php/yurisprudensiya/article/view/482