Arhivele Olteniei (En)
LUCIAN BERND SĂULEANU
Prof. Univ. Dr. Universitatea din Craiova, Facultatea de Drept,
E-mail: luciansauleanu@ yahoo.com
Abstract
The legislator set the dimension of shareholders’ liability in relation to the type of company. The shareholders of a general partnership and the partnership shareholders of a general partnership are liable without limitation and in solidum for their duties, while the shareholders, partnership shareholders, as well as the shareholders of a limited liability company are only liable within the limits of the registered capital. Despite that, there are a series of provisions which lead to the decrease of limited liability, that is they are able to draw liability beyond the limit of registered capital.
Keywords
the law no. 31/1990 on trade companies, liability of shareholders, limited liability, piercing the corporate veil theory, company assets, shareholders assets.