Loss of the right to a share in the authorized capital of a limited liability company

An LLP participant who has not contributed to the authorized capital may lose the right to a share based on a decision of the general meeting of the partnership's participants only after his share has been contributed by the partnership to the authorized capital at the expense of his own capital (paragraph 3 of Article 24 of the Law on Limited and Additional Liability Partnerships), distributed among other participants or acquired by third parties, or the LLP carried out a reduction in the authorized capital. The mere fact of a participant's failure to contribute to the authorized capital is not a reason for excluding the founder from the list of participants in court.

A participant in an LLP who has made a contribution may lose the right to a share only by forcibly repurchasing it. for any reason entails the withdrawal of the participant from the LLP. "The Law and Law Law Company is one of the most reliable law firms in Almaty. The company provides a full range of legal services to both legal entities and individuals in Almaty, and assists in the qualified resolution of clients' issues and values its reputation. The office participates in the development of legal science and practice, and uses its achievements in the interests of clients. The Law and Law Law Company's activities are primarily aimed at ensuring the legal security of clients, protecting their interests, and thereby contributing to the formation of a legal environment based on the principles of good faith, fairness, and reasonableness. The main goal of the Law and Law Law Company is the prompt provision of professional legal services to citizens at a high level. When executing clients' orders, our first responsibility is to eliminate conflicts of interest.

Compliance with this rule guarantees the objectivity and independence of our opinion on the issues that the client has addressed to us. High quality of legal services is the main principle of our business. Lawyers, advisers and lawyers of our firm graduated from leading universities of the Republic of Kazakhstan. Our company continuously provides professional development of employees as specialists. Employees of the Law and Law Law Company take regular refresher courses, undergo internships, and are actively engaged in scientific activities. The knowledge and experience of our specialists allow the company to effectively represent the interests of clients in cases of any level of complexity, quickly and professionally resolve all legal issues that arise with our clients. 

Attention!   

       Law and Law Law Law draws your attention to the fact that this document is basic and does not always meet the requirements of a particular situation. Our lawyers are ready to assist you in legal advice, drawing up any legal document suitable for your situation.  

 For more information,  please contact a Lawyer / Attorney by phone: +7 (708) 971-78-58; +7 (700) 978 5755, +7 (700) 978 5085. 

Attorney at Law Almaty Lawyer Legal Services Legal Advice Civil Criminal Administrative Cases Disputes Protection Arbitration Law Firm Kazakhstan Law Office  Court Cases