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The Problem Of Excluding A Partner C Ltd Due To Non-Payment Of Participation

Author

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  • Margarita Bachvarova

    (Varna University of Economics)

Abstract

The report raises the problem of the exclusion of a partner as a penalty consequence for culpable neglect of the obligations arising out of the membership. It supports the thesis that exclusion is a subjective right of the company. Exclusion is defined as having a dynamic actual structure, and three major elements thereof have been examined: grounds for exclusion, procedure, and legal consequences of the termination of membership. It has been inferred that the principle for validity of exclusion is a legal guarantee for the freedom of the individual in the relationship between personality and society.

Suggested Citation

  • Margarita Bachvarova, 2020. "The Problem Of Excluding A Partner C Ltd Due To Non-Payment Of Participation," THE LAW AND THE BUSINESS IN THE CONTEMPORARY SOCIETY, University publishing house "Science and Economics", University of Economics - Varna, issue 1, pages 34-39, December.
    • Handle: RePEc:vra:lbcs20:y:2020:i:1:p:34-39
    DOI: 10.36997/LBCS2020.34
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    File URL: http://conference.ue-varna.bg/pravni-nauki/ConfProceedings/LBCS2020/34-39.pdf
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    More about this item

    Keywords

    membership; company; rights.;
    All these keywords.

    JEL classification:

    • K00 - Law and Economics - - General - - - General (including Data Sources and Description)

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