Odbor kompatibility s právem ES
Úřad vlády ČR
I S A P
Informační Systém pro Aproximaci Práva
Databáze č. 17 : Databáze judikatury
ă Odbor kompatibility s právem ES, Úřad vlády ČR - určeno pouze pro potřebu ministerstev a ostatních ústředních orgánů

Číslo (Kód CELEX):
Number (CELEX Code):
61989J0381
Název:
Title:
Judgment of the Court of 24 March 1992.
Syndesmos Melon Tis Eleftheras Evangelikis Ekklissias and others v Greek state and others.
Reference for a preliminary ruling: Polymeles Protodikeio Athinon - Greece.
Company law - direct effect - primacy.
Case C-381/89.
Publikace:
Publication:
Předmět (klíčová slova):
Keywords
Související předpisy:
Corresponding acts:
377L0091
Odkaz na souvisejicí judikáty:
Corresponding Judgements:
Plný text:
Fulltext:
Ne

Fakta:


Názor soudu a komentář:


Shrnutí (Summary of the Judgment):

Free movement of persons - freedom of establishment - companies - Directive 77/91 - alteration of the capital of a public limited company - direct effect of Articles 25(1) and 29(1) of the Directive - national rules providing for an increase, by administrative measure, of the capital of a company in financial difficulties - not permitted (Council Directive 77/91, arts 25(1) and 29(1))


Articles 25(1) and 29(1) of the Second Directive (77/91/EEC), which, for the protection of the interests of members and others, are intended to coordinate the safeguards required by the Member States of companies within the meaning of the second paragraph of Article 58 of the treaty, in respect of the formation of public limited liability companies and the maintenance and alteration of their capital, with a view to making such safeguards equivalent, may be relied upon by individuals against the public authorities before the national courts.

Those provisions are to be interpreted as precluding the application of rules which, being designed to ensure the rationalization and continued trading of undertakings that are of particular importance to the economy of a Member State and are in an exceptional situation because of their debts, allow an increase of capital to be decided upon by administrative measure, without any resolution being passed by the general meeting, and enable a decision to be taken, by administrative measure, that new shares are to be allotted without being offered on a pre-emptive basis to the shareholders in proportion to the capital represented by their shares.


Plný text judikátu (Entire text of the Judgment):