Legal aspects of acquiring and realizing corporate rights by inheritance


Keywords: corporate rights; inheritance; share in authorized capital; business associations; general meeting.

Abstract

Acquisition and realization of corporate rights in economic societies is carried out in various ways, in particular, through the inheritance of such a right with the application of both civil norms of legislation and administrative and economic in particular. Given the objective reasons, sooner or later, some individuals in their lives face inheritance issues, their nuances, provided by Ukrainian legislation, or with gaps in legislation related to different aspects of inheritance. The development of social relations and the diversity of their expression adds features to the procedure of inheritance. Thus, in the case of property, from a legal point of view, there are no special issues, then in relation to the inheritance of rights, often there are differences not only in the legislation, but also in the opinions of experts, in particular regarding what rights and how they can enter the hereditary mass, whether they can generally be inherited. The procedure for transferring ownership of a share in the authorized capital of an economic partnership is determined by the current domestic legislation of Ukraine, taking into account regulatory gaps. The author's position is that complicated procedural moments of the transition of corporate rights from the heir to the heir need a conceptual consolidation and further improvement of the regulatory framework governing these legal relationships. In the first, it is suggested to investigate and formulate the concept of "inheritance of corporate rights", as there is a modern need for the study, investigation and normative approval of this concept, in order to maximize the ordering in the future as the most complex, unregulated legal situations, with regard to the procedure for the acquisition, implementation of corporate rights by inheritance. Therefore, taking into account the peculiarities of the national Ukrainian legislation and the need to improve the non-regulated issues at the legislative level regarding the acquisition, and in our case inheritance, of corporate rights, the author's definition of the concept of "inheritance of corporate rights" is proposed - a procedure for acquiring the right to a share in the authorized capital and the introduction the heir to the members of the economic partnership in the manner prescribed by the charter and legislation of Ukraine. This research will identify the positions of other legal scholars on the notion of corporate rights, their features and peculiarities of implementation, and most importantly understand how to further define, distinguish and formulate the concept of "inheritance of corporate rights" for the qualitative, comprehensive and substantiated improvement of the acquisition procedure corporate rights heirs who wish to continue to have corporate rights and responsibilities in business partnerships.

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Published
2018-04-30
How to Cite
Shakirova, O., & Shakirova, A. (2018). Legal aspects of acquiring and realizing corporate rights by inheritance. Fundamental and Applied Researches in Practice of Leading Scientific Schools, 26(2), 199-204. Retrieved from https://farplss.org/index.php/journal/article/view/330