The Peculiarities Of The Termination Of A Corporate Agreement
Keywords:
termination, termination basis, a corporate agreement, partnership agreement, the purpose of the contract, the term of the contract, the corporationAbstract
The article is devoted to the research of some peculiarities of the termination of a corporate contract. In particular, the article deals with the analysis of the provisions of current legislation that regulate the termination of a civil contract. It has been concluded that due to the lack of legal regulation of the concluding a corporate contract, and because of the civil nature of the contract and private legal character of the relationships that are mediated by it, the termination of this type of civil contracts is regulated by Chapter 50 of the Civil Code of Ukraine, which provides general rules for the termination of commitments and by Chapter 53 of the Civil Code of Ukraine “The conclusion, the modification and the termination of a contract”. Because of the presence of similarities between a corporate agreement and a partnership agreement the author has analyzed the grounds for the termination of a corporate contract similar to a partnership agreement. In addition, the article contains the research of some specific grounds for the termination of a corporate contract. These include: the achievement of the purpose of a contract, the expiration of a contract, the alienation of the corporate rights of members of a corporation, the termination of the corporation.
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