Participation of a Notary in the Transactions with Limited Liability Companies Shares in the Aspect of the Principles of Causality and Abstraction: Problems of Theory and Practice
https://doi.org/10.17803/1994-1471.2025.174.5.145-155
Abstract
The issue of dividing transactions related to the alienation of shares of an LLC into obligatory and administrative ones and the need to involve a notary to certify them is hotly debated by contemporary civilists. There are two main concepts: the French one, which does not recognize the division of transactions, and the opposite German one. The paper substantiates the positive side of borrowing the German principle of abstraction in relation to corporate relations. The author notes the aleatory nature of the interpretation by domestic civilists of the principle of abstraction from the position of eradicating the mandatory notarial form of corporate transactions. It is indicated that it is the notary that acts as the undisputed guarantor of stability and legitimization of economic transactions in the system of both causality and abstraction. The paper, based on an analysis of French and German legislation in the field of corporate relations, draws a practice-oriented conclusion about the mixing of the principles of causality and abstractness in the domestic legal order.
About the Author
E. S. TsvetkovaRussian Federation
Ekaterina S. Tsvetkova, Notary of the City of Moscow, Postgraduate Student, Department of Business and Corporate Law,
Moscow.
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Review
For citations:
Tsvetkova E.S. Participation of a Notary in the Transactions with Limited Liability Companies Shares in the Aspect of the Principles of Causality and Abstraction: Problems of Theory and Practice. Actual Problems of Russian Law. 2025;20(5):145-155. (In Russ.) https://doi.org/10.17803/1994-1471.2025.174.5.145-155