News 2 - The Committee on Entrepreneurship, Regulatory and Antimonopoly Policy upholds the draft law ‘On amendments to several legislative acts regulating the procedure of alienation of share (its part) in statutory (contributed) capital of economic entities - Verkhovna Rada of Ukraine

The Committee on Entrepreneurship, Regulatory and Antimonopoly Policy upholds the draft law ‘On amendments to several legislative acts regulating the procedure of alienation of share (its part) in statutory (contributed) capital of economic entities

Information Department of the Verkhovna Rada of Ukraine Secretariat
Published on 18 November 2013, at 16:21

It was mentioned during the Committee meeting that the bill (reg. No. 3386) is aimed at ‘preventing illegal takeovers of enterprises by counterfeiting agreements on alienation of share (its part) in statutory (share) capital of economic companies.’

Particularly, it is suggested to amend the Civil Code and the Law ‘On Economic Entities’.

According to the people’s deputies, adoption of the suggested amendments will improve investment climate in Ukraine by preventing illegal takeovers of legal entities and ensuring protection of ownership right.

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