Shares in the swirl of recodification: un-issued shares, book-entry shares and no-par value shares in the draft new Business Corporations Act

Abstract

The article is focused on three areas of planned changes in the proposed new Civil Code and Business Corporations Act, namely the regulation of legal regime of un-issued shares, book-entry shares and no no-par value shares in a joint-stock company.

Keywords

• joint stock company
• recodification
• draft of new Civil Code
• draft new Business Corporations Act
• un-issued shares
• book-entry shares
• no par-value shares