judpractЮридическая наука и практикаJuridical science and practice2542-0410Новосибирский государственный университет10.25205/2542-0410-2024-20-2-64-73judpract-528Research ArticleЧАСТНО-ПРАВОВЫЕ (ЦИВИЛИСТИЧЕСКИЕ) НАУКИPRIVATE LAW (CIVILISTIC) SCIENCESЗащита прав миноритарных инвесторов: проблематика и перспективы развития в российском правеProtecting Minority Investors: Issues and Development Prospects under Russian LawТемчукМ. И.TemchukM. I.

Темчук Максим Игоревич, независимый юридический консультант

Москва

Maxim I. Temchuk, Independent Compliance and Legal Consultant

 

max.temchuk@gmail.comНезависимый исследовательРоссияIndependent ResearcherRussian Federation2024101020242026473Copyright © Темчук М.И., 20242024Темчук М.И.Temchuk M.I.Данная работа распространяется под лицензией Creative Commons Attribution 4.0.This work is licensed under a Creative Commons Attribution 4.0 License.https://judpract.elpub.ru/jour/article/view/528

В статье рассматривается тематика защиты прав миноритарных инвесторов в акционерных обществах и обществах с ограниченной ответственностью в российском праве. Общий дискурс задается анализом права на получение информации о деятельности компании, права на участие во внутрикорпоративном управлении и возможностей защиты от ущемляющих интересы миноритария действий мажоритарных инвесторов. Автор констатирует достаточно высокий уровень гарантий у миноритариев, однако приходит к выводу, что использование судебных способов защиты в некоторых случаях сопряжено с возложением на миноритариев дополнительного бремени доказывания, в частности, при оспаривании решений общего собрания или увеличении уставного капитала ООО. В рамках текущего регулирования превалируют превентивные способы защиты (ex-ante), связанные с созданием через Устав или корпоративный договор корпоративного управления, учитывающего права миноритариев.

The article considers the protection of minority investors rights in joint-stock companies and limited liability companies under Russian law. Reflecting on the legislation and caselaw, the author states that a minority investor has a sufficient level to safeguard their rights. The author states a high level of guarantees for minority shareholders, however, concludes that the use of judicial remedies in some cases imposes an additional burden of proof on minority shareholders, namely when challenging general meeting resolution or increasing authorized capital of LLC. Plus, within the current regulation the most effective tools are mainly preventive (ex-ante) related to a balance of corporate governance embracing the minority investors interests through the charter and corporate agreement.

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The authors declare that there are no conflicts of interest present.