Supreme Court Practice: Non-payment of an LLC Member's Share in the Authorized Capital at the Time of its Disposal Does Not Violate Their Rights
04/09/2024
In a case, the seller filed a lawsuit to invalidate the purchase and sale agreement of a share in the authorized capital and the acceptance-transfer act of the share, as well as to remove obstacles in the use of land plots that were illegally occupied by the LLC. The seller argued that the LLC's authorized capital was not formed, as the relevant land plots remained registered in his name, meaning the share in the authorized capital was unpaid.