INITIATIVES FOR RENOVATION OF BELARUSIAN CORPORATE LAW
Keywords:
civil law of Belarus, corporate law, legal entity, economic companies, status of a legal entity, law applicable to the contract for the exercise of rights of a company participant.Abstract
The article analyzes the innovations and planned amendments to the legislation on legal entities in Belarus, provides their critical assessment from the standpoint of doctrine and practice, demonstrates through a comparative analysis the specificity of Belarusian approaches among others in relation to the Member States of the Eurasian Economic Union. The authors positively evaluate the initiatives on renovation of the Belarussian corporate law in terms of conflict of laws and filling the gaps in law on economic companies. However, the authors criticize some proposals on systematics of legal entities and indecisiveness in terms of modernization of legal regulation of joint stock companies.
References
Model Civil Code of the Commonwealth of the Independent States (29 October 1994), available at https://iacis.ru/baza_dokumentov/modelnie_zakonodat elnie_akti_i_rekomendatcii_mpa_sng/modelnie_kode ksi_i_zakoni/400
For more details, see: Alena Salei, “Institut juridicheskogo lica v Grazhdanskom kodekse
Respubliki Belarus': sostojanie i perspektivy razvitija”, (1) Journal of the Belarusian State University. Law (2019), 23-31, available at https://elib.bsu.by/handle/123456789/231400.
More about the system of commercial legal entities see Liudmila Tsarova, Ingeborg Bauer-Mitterlehner, Die Rechtsformen der Gesellschaften in Belarus, Wirtschaft und Recht in Osteuropa=WIRO, (8) 2020. – Heft 8, 225-229.
Justification for the adoption of the Law of the Republic of Belarus “On Amending Certain Codes of the Republic of Belarus” (2018), available at https://forumpravo.by/files/nczpi_zakon_proekt_izme nenija_v_kodeksi_obosnovanie.pdf.
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