Memorandum of Association

Companies Act

Company’s division plan

The provisions of the Companies Act (“Off. Herald of RS”, Nos. 36/2011, 99/2011, 83/2014 – other law, 5/2015, 44/2018, 95/2018, 91/2019, 109/2021 and 19/2025) regulated the implementation procedure of status changes of the division and the spin-off. Status change division and spin-off may involve one or several companies of the same or different legal form.…
More info »
Companies Act

Decision on the acquisition of company and its legal effect

Provisions of the Companies Act shall regulate concept and types of status changes, as well as procedures for conducting status changes, registration, and legal consequences of registration of status changes. A company in a status change – the transferring company reorganizes itself to the effect that it transfers assets and obligations to another company –…
More info »
Companies Act

Expulsion of a Company member

In accordance with the provisions of Companies Act company member can be expelled by resolution of the general meeting or by a court decision. Expulsion of a Member by Resolution of the General Meeting Persons who have, under the memorandum of association or otherwise, taken on the responsibility of paying, or entering a certain contribution…
More info »
Information which is a business secret

Duty to keep business secret according to provisions of the Companies act

Duty to keep business secret is regulated by the provisions of Articles from 72 to 74 of the Companies Act. A business secret is information the disclosure of which to a third party may damage the company, as well as information that has, or may have, economic value because it is not generally known or…
More info »
Implementation and Legal Effect

Decision on status change

Status changes which are stipulated by the Companies Act (“Official Herald of RS”, Nos. 36/2011, 99/2011, 83/2014 – other law, 5/2015, 44/2018, 95/2018, 91/2019, 109/2021 and 19/2025) are: acquisition, merger, division and spin-off. By-Laws and Documents which are necessary for the implementation of the status change For the purpose of conducting a status change, the…
More info »
Share capital and contribution of a member

Shares in limited liability company according to companies act – basic rules

The share represents the contribution of a member into the limited liability company’s share capital which is expressed in percentage. A company member acquires a share in the company proportionately to the value of his contribution into the company’s share capital, unless otherwise provided by the memorandum of association upon company incorporation or by a…
More info »
Copyright 2025. © Attorney Dragana Djordjevic | Izrada CodeBay doo