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Judgment of the Presidium of the Supreme Commercial Court of 13 December 2011 № 10590/11 in the case Liudmila Belochkina vs Oksana Chernyh et al.

Point of law: under which circumstances a sales-purchase contract with regard to a share in a limited liability company (LLC) must be held invalid, given that the purchaser was a third person (not a member of the LLC) whereas the charter of the company explicitly prohibited selling a share (or a part thereof) to any third person?

 

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