Abstract
This article introduces a thought about the scope of article 31 of Law 1258/2008 which includes the requirement of unanimous vote on the procedures for transforming a kind of company from the Colombian Commercial Code to a Simplified Joint Stock Company or vice versa as well as for the processes of merging and/or spin-offs where a Simplified Joint Stock Company results either created or beneficiary. Regarding this requirement, it is possible to warn about its inconvenience because it goes against the freedom to choose the corporate type principle, and about its uselessness, given that there are better mechanisms that prevent the abuse of rights by the majority of stockholders.
| Translated title of the contribution | The inconvenience of the unanimity requirement for corporate transformation: A reflection about article 31 of law 1258/2008 |
|---|---|
| Original language | Spanish |
| Pages (from-to) | 147-185 |
| Number of pages | 39 |
| Journal | Revista de Derecho Privado |
| Issue number | 14 |
| DOIs | |
| State | Published - Dec 2021 |
Bibliographical note
Publisher Copyright:© 2021 Universidad Externado de Colombia. All rights reserved.
Types Minciencias
- Artículos de investigación con calidad A2 / Q2
Fingerprint
Dive into the research topics of 'The inconvenience of the unanimity requirement for corporate transformation: A reflection about article 31 of law 1258/2008'. Together they form a unique fingerprint.Cite this
- APA
- Author
- BIBTEX
- Harvard
- Standard
- RIS
- Vancouver