The right оf partners in a limited liability company to convene a general meeting of the partners - issues and possible solutions

Abstract

The article analyzes the corpus of facts giving rise to the right of partners in a limited liability company to convene a general meeting as well as the way of exercising the said right. Consideration is given to the weak points in the operating regulation and proposals are made for the introduction of: a deadline for holding a meeting convened by the Manager at the partners' request; a right of convening a general meeting on the part of each partner in those cases where it is impossible for the meeting to be convened by the Manager; and a right of the partners holding shares exceeding 1110 of the capital to put certain matters on the agenda of a general meeting that has already been convened.