ISSUES OF REALIZATION OF THE RIGHT TO INFORMATION OF A SHAREHOLDER OF A LIMITED LIABILITY COMPANY

Abstract

The possibility of obtaining information about the functioning of the company is a priority right of the shareholder, due to its legal status. By making a material contribution, a shareholder of the company acquires the right to receive information about various areas of the economic and legal life of the company. The right to information provides the shareholder with the opportunity to exercise control over the company, and may also imply unfair actions, namely, to benefit himself or to dispose of the information received in order to harm the company. This article reveals the essence of the shareholder’s right to receive information from the company and familiarize himself with its documents, the procedure for its implementation, the processes for providing information, the significance of this right as a fundamental non-property right, the conditions for exercising the right, ways to protect the right and the effectiveness of protection methods are considered in detail. Also, after comparing the legislation of different countries on the right of the shareholder to receive information and the possibility of its implementation, the limits of this right, and proposals were made to further expand the right of the shareholders to receive information by improving the norms of national legislation. In order to provide a mechanism for the effective implementation of the shareholder’s right to information, it is proposed to use modern information technologies. In addition, after analyzing the existing problems of protecting the shareholder’s right to information in court, opinions were expressed regarding the unification of judicial practice on these issues.