Nullity of the company

This paper deals with the nullity of a company. It emphasizes why it is necessary to establish a special restrictive regime with regard to the nullity of a company, and what complementary mechanisms need to be introduced in order to accomplish legal certainty. In this respect the existing regime of...

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Main Author: Jevremović-Petrović Tatjana
Format: Article
Language:English
Published: University of Belgrade, Faculty of Law, Belgrade, Serbia 2017-01-01
Series:Anali Pravnog Fakulteta u Beogradu
Subjects:
Online Access:http://scindeks-clanci.ceon.rs/data/pdf/0003-2565/2017/0003-25651703098J.pdf
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author Jevremović-Petrović Tatjana
author_facet Jevremović-Petrović Tatjana
author_sort Jevremović-Petrović Tatjana
collection DOAJ
description This paper deals with the nullity of a company. It emphasizes why it is necessary to establish a special restrictive regime with regard to the nullity of a company, and what complementary mechanisms need to be introduced in order to accomplish legal certainty. In this respect the existing regime of the nullity of companies within EU Company Law is examined and different conditions for nullity, including possible consequences are presented. Different theoretical concepts of the nullity of a company were examined and compared in this paper, in particular nullity of the company's incorporation, invalidity of the articles of incorporation, as well as registration procedure. Comparative law concepts, including de facto company, société de fait or fehlerhafte Gesellschaft are also examined in order to define nullity in Serbian Company Law, as well as to resolve some existing concerns and problems in Serbian case law. Finally, it is underlined that nullity of a company must be regarded within the existing system of control of the incorporation of the company. It is emphasized that, in order to achieve legal certainty, nullity must be the ultimate means of protecting the interests of persons concerned, which is why it is necessary to improve the existing control system of incorporation of companies.
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spelling doaj.art-6accd4fb092744589c56937c45455b712022-12-21T17:32:11ZengUniversity of Belgrade, Faculty of Law, Belgrade, SerbiaAnali Pravnog Fakulteta u Beogradu0003-25652406-26932017-01-016539812310.5937/AnaliPFB1703098J0003-25651703098JNullity of the companyJevremović-Petrović Tatjana0University of Belgrade, Faculty of Law, Belgrade, SerbiaThis paper deals with the nullity of a company. It emphasizes why it is necessary to establish a special restrictive regime with regard to the nullity of a company, and what complementary mechanisms need to be introduced in order to accomplish legal certainty. In this respect the existing regime of the nullity of companies within EU Company Law is examined and different conditions for nullity, including possible consequences are presented. Different theoretical concepts of the nullity of a company were examined and compared in this paper, in particular nullity of the company's incorporation, invalidity of the articles of incorporation, as well as registration procedure. Comparative law concepts, including de facto company, société de fait or fehlerhafte Gesellschaft are also examined in order to define nullity in Serbian Company Law, as well as to resolve some existing concerns and problems in Serbian case law. Finally, it is underlined that nullity of a company must be regarded within the existing system of control of the incorporation of the company. It is emphasized that, in order to achieve legal certainty, nullity must be the ultimate means of protecting the interests of persons concerned, which is why it is necessary to improve the existing control system of incorporation of companies.http://scindeks-clanci.ceon.rs/data/pdf/0003-2565/2017/0003-25651703098J.pdfnullityarticles of incorporationincorporationregistrationcontrol
spellingShingle Jevremović-Petrović Tatjana
Nullity of the company
Anali Pravnog Fakulteta u Beogradu
nullity
articles of incorporation
incorporation
registration
control
title Nullity of the company
title_full Nullity of the company
title_fullStr Nullity of the company
title_full_unstemmed Nullity of the company
title_short Nullity of the company
title_sort nullity of the company
topic nullity
articles of incorporation
incorporation
registration
control
url http://scindeks-clanci.ceon.rs/data/pdf/0003-2565/2017/0003-25651703098J.pdf
work_keys_str_mv AT jevremovicpetrovictatjana nullityofthecompany