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Legal Regulation of Contractual Relations in the Field of Venture Investment

https://doi.org/10.25205/2542-0410-2021-17-4-27-36

Abstract

The article analyzes the features of legal regulation of venture investment contracts. Topical legislative problems of the functioning of the venture industry in the Russian Federation are highlighted. The forms of venture investment transactions are considered: an increase in the authorized capital, the provision of a convertible loan and the sale of the company’s treasury share. Particular attention is paid to the nature of the relationship between the parties and the stages of registration of a venture transaction. As a recommendation for the development of venture business in the Russian Federation, the need to adopt a special federal law on venture investment is substantiated. This law will eliminate the problem of haphazard legislation in this area and will make it possible to determine a clear legal structure of the venture investment agreement. In addition, the law will allow the introduction of a new, convenient and effective organizational and legal form of venture investment. It will contribute to a more equitable distribution of risks between investors, flexibility of interaction between participants in transactions, prompt adoption of management decisions on investment.

About the Authors

A. O. Ovcharov
Russian State University of Justice; Lobachevsky State University of Nizhny Novgorod
Russian Federation

Anton O. Ovcharov, Doctor of Sciences (Economics), Professor

Nizhny Novgorod



N. O. Marenov
Russian State University of Justice; Ministry of Construction of the Nizhny Novgorod Region
Russian Federation

Nikita O. Marenov, Master’s Student; Chief Specialist of the Department of Budget Planning and Financing

Nizhny Novgorod



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Ovcharov A.O., Marenov N.O. Legal Regulation of Contractual Relations in the Field of Venture Investment. Juridical science and practice. 2021;17(4):27-36. (In Russ.) https://doi.org/10.25205/2542-0410-2021-17-4-27-36

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ISSN 2542-0410 (Print)