“Cancellation” of a company share in a limited liability company

limited liability company

 

Keywords: Cancellation, limited liability company, company share, shareholder, expulsion, consequences, attorney, Bulgaria

 

Summary/Abstract: The purpose of the present article is to enlighten the term “cancellation” of a company share in a limited liability company on the ground of failure by the shareholder to pay its capital contribution. The article focuses on the legal nature, the conditions and legal effect of the cancellation of a company share in the LLC, which the author analyzes taking into account the applicable case law of the Supreme Court of Cassation and the legal theory.

 

Published in: Proceedings of the VIII National Conference of Doctoral Students in Legal Sciences, S., BAS, Institute of State and Law, 2018, pp. 169-184:

https://www.ceeol.com/search/article-detail?id=774097

 

More information: attorney-at-law Margarita Balabanova