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Article: Comment On The Federal Law #115-FZ Of 03.06.2009 "On Amending The Federal Law "On Joint-Stock Companies" And Article 30 Of The Federal Law "On The Securities Market".
- Article from:
- Mondaq Business Briefing
- Article date:
- June 11, 2009
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Passage of this Federal Law provides the Russian legal system with the institution of shareholder agreement implemented at legislative level. The need and importance of this concept for strengthening the legal foundation of joint-stock companies and improvement of corporate governance in joint-stock companies has been discussed by the Russian legal community for a long time.
The Concept And Substance Of The Shareholder Agreement The Federal Law "On joint-stock companies" has been amended to include a new Article "Shareholder Agreement". It stipulates that shareholder agreement is an agreement on execution of the rights certified with shares, and (or) on special ...