DECISIONS OF THE SOLE PARTNERSHIP WITHIN THE UNIPERSONAL LIMITED LIABILITY COMPANY. LEGISLATIVE AND DOCTRINE ASPECTS.
Eugenia Gabriela Leuciuc
Abstract
Eugenia Gabriela Leuciuc
Abstract
According to the law, the company with limited liability can also be constituted by the will of one person. This form of company has led to a doctrinal controversy, since its normative consecration, being considered an exception both in relation to the institution of company and regarding the institution of the legal person. Therefore, the stand-alone analysis of the limited liability company with a single shareholder proves to be a rather difficult step, given that this form of company is only a variety of limited liability company. In the following paragraphs, we will analyze how the legislator adapted the legal regime governing this latter company to the specificity of unipersonality, emphasizing its specific regulations on making decisions by the single shareholder
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According to the law, the company with limited liability can also be constituted by the will of one person. This form of company has led to a doctrinal controversy, since its normative consecration, being considered an exception both in relation to the institution of company and regarding the institution of the legal person. Therefore, the stand-alone analysis of the limited liability company with a single shareholder proves to be a rather difficult step, given that this form of company is only a variety of limited liability company. In the following paragraphs, we will analyze how the legislator adapted the legal regime governing this latter company to the specificity of unipersonality, emphasizing its specific regulations on making decisions by the single shareholder
Key concepts: Limited liability partnership, Limited liability, Doctrine, Shareholder, Business, Legislature, Liability, Corporate law