Digital Notarial System in Corporate Relations
Vladislav Gorobinskiy, Head of the Legal Support Department for International Projects, New Investment Group LLC, Russia
Modern Russian laws rarely provides for the obligatory participation of a notary in corporate relations. First of all, these cases relate to the various actions of the members connected to shares in authorized capital of obshchestvo s ogranichennoy otvetstvennost'yu (limited liablity company, LLC) such as signing an offer to sell shares, concluding a deal to dispose shares or an agreement on granting an option to acquire shares, submitting a statement from a member declaring their withdrawal from the LLC, certifying a decision of a meeting of members on increasing the LLC’s authorized capital.
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