THE LEGAL REGIME OF THE MORTGAGE OVER THE SHARES AND SOCIAL PARTS IN THE CURRENT BUSINESS ENVIRONMENT

Abstract

The present study aims to scrutinize the main legal traits of the mortgage over the shares (from a joint-stock company) and social parts (from a limited liability company) with focus on the modalities of establishment, the publicity, the real benefits for lender, the special situations related to the foreclosure process. Also, one of the envisaged objective is to critically analyze the last amendments brought to the Romanian specific legislation and to submit proposals for amelioration aiming to better serve the business needs, on one hand, and to strengthen the legal security on the other hand.

Keywords

• Shares
• Social Parts
• Security Agreement
• Joint-Stock Companies
• Limited Liability Companies