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AMENDMENTS WERE MADE TO THE STATE DUMA ON THE RETIRED MEMBERS OF THE BOARD OF DIRECTORS OF A JOINT-STOCK COMPANY OR LLC

... bankruptcy; restriction or deprivation of legal capacity; disqualification; own solution; deprivation of the right to hold certain positions or engage in specific activities; death. Also, the reason for recognizing a member of the board of directors of an LLC or JSC as retired may be cases provided for by federal laws. For example, a court decision that has entered into force to involve a member of the bank's board of directors in a subsidiary.

THE MINISTRY OF ECONOMIC DEVELOPMENT PROPOSED TO CANCEL THE PRE-EMPTIVE RIGHT TO PURCHASE A SHARE OF LLC PARTICIPANTS

The Ministry of Economic Development has taken the initiative to allow not to apply the pre-emptive right to acquire a share by a participant of a limited liability company (LLC) when it is sold by other owners. The document of the draft amendments was at the disposal of Vedomosti. As explained in the Ministry, the innovation was developed at the request of business. The explanatory note clarifies that the amendments ...

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