The Constitutional Court of Moldova has spoken: No Need for Acquirer of a Share Stake to Obtain Shar
Schoenherr (Schönherr Rechtsanwälte) | View firm profile
Through its
27 September 2016 decision ("Decision 27/2016"), the
Constitutional Court of Moldova ("Constitutional
Court") has declared certain provisions of the local Law
on Limited-Liability Companies ("Law
135/2007") unconstitutional. In particular, it ruled that
the operation of amendments to constitutive acts cannot constitute a condition
and impediment to an acquirer registering its property right over a share stake
in the State Register of Companies. read more…