Monday, May 9, 2011

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NOTES OF THE SECOND REVIEW PROGRESS OF CIVIL SOCIETY AND BUSINESS DECEMBER 2008 .- .- REVIEW Wednesday May 11 to 18 hours .-

NOTES OF THE SECOND REVIEW PROGRESS OF CIVIL SOCIETY AND BUSINESS DECEMBER 2008 .- .-

REVIEW Wednesday May 11 to 18 hours .-


STUDENT MAT / ID NOTE
ACOSTA, GASTON NICOLAS CARLOS ALCORTA
SIX 34,344,037 . 23223593 HAPPY FOUR
STEVEN A. FAILURE LEVEL
ANDREA ALVAREZ ALEJANDRO Arcamone
20,752,732 32,126,750 FOUR FOUR MISSING
Arcangeli VANINA 33278846 LEVEL
Arechavala, MANUELA 31,476,681
Astrada LEVEL FAILURE, FAILURE LEVEL FACUNDO
AUBERGE 34058370, 34883734 SIX JULIETA
BALADO, LAURA. LUCIA 32003872 35169486 BANUS
EIGHT FIVE
BARBERIS, LEANDRO ARIEL. SEVEN
24653916 Bellizia, SONIA 18,205
FAILURE LEVEL SEVEN WHITE BERT
BONNECAZE 33912519 MARINA, CHRISTIAN. LEVEL NO REPORTED MISSING
BOSCAROL, GUILLERMO FAILURE LEVEL 29257770 32700950
FAILURE LEVEL BRUSCHI MARCOS MARIA NOELIA
Buquet FAILURE LEVEL 34092738 34500718 FLORENCE
BURGUES
FIVE HEADS, EZEQUIEL 32,987,999
LACK LEVEL FOUR CANDIDATES
17335 MARIA JOSE MARIA CRISTINA CARDONE 11,743. 030 CARLON ELEONORA
FOUR FIVE
CASTELLANOS 32,432,944 25,163,324 NON LEVEL
JOSEFA CASTRO, ROMINA. MARTIN CATINO 33646435 32866990
SIX MISSING LEVEL
Cincotta 31734114 MISSING LAURA MARIA CORDOBA MARIA LUJAN
LEVEL FOUR MISSING
Cotado 34648397 LEVEL
FRANCISCO CUELLAR, Khadija. SEVEN
BASIN 32813323, 34851467 FIVE
NICHOLAS DANIEL CHAPA, LAURA. FAILURE LEVEL 29909717
20,675 MARTA D'ANDREA WHITE FIVE 31719873 FOUR
DANISA
Danzi, JUAN JOSE 32,586,546
LACK LEVEL OF LEVEL MISSING 20679 FALCO
NADIA DE GRACE SIX
34559721 OYARZABAL MARCIA DI IORIO, ANGEL ESTEBAN 20,463,554 FAILURE LEVEL DI
MARGO, MA. FAILURE LEVEL 33,537,442 GISELA
DI MAURO, ANA LAURA
DiMattia ROMINA 33,912,806 16934 SIX MISSING LEVEL FIVE
DIZ 26,429,062
CHRISTIAN DOMINGUEZ ESTEBAN A. FAILURE LEVEL 25708144
DUHALDE, SILVANA 24,117,834 EIGHT
DUMRAUF, Daiana 30697953 31882839 FOUR FOUR

CARMEN ELIAS ELIAS, ETCHELET
DIEGO FOUR 28,682,672, LUCIANO. SEVEN 34457322 34217269
Fainstein MARIA MILAGROS
FALAUTI FIVE, FOUR 21.206/07 BETHLEHEM MARY FARIAS MONICA SUSANA
FAILURE LEVEL
21060000 32134489 FERNANDEZ LUIS FERNANDEZ M.
FAILURE LEVEL 34058822 MISSING MAGDALENA FERNANDEZ OMAR
LEVEL LEVEL NON
20707 FERRARA, MA. FAILURE LEVEL LEONOR
FERRELLI 35620783 33788780 ESTEFANIA
Fochesatto JULY FOUR FIVE
24,732,580 22,279,505 NON LEVEL DANIEL FOLGER
Fraticelli, SILVIO R. FAILURE LEVEL 33898783 30,665,172 SAMANTA
FRIAS MARIA SOLEDAD GAILLOUR
FIVE FOUR
Gandola 25898850 28,935,217 FAILURE LEVEL
MATIAS GARCIA CLAUDIO ALB. FAILURE LEVEL 24969969
Gareis, MATIAS EZEQUIEL 34,469,776 FOUR
Gastanaga, FAILURE LEVEL ALICIA
14,676,392 GIMÉNEZ, FELICITAS 34,729,684 10,631,574 FOUR MISSING
GLEW HILDA GOMEZ
LEVEL, DEW 32885659 SEVEN MISSING
17,504,290 GONZALEZ HORACIO GONZALEZ MONICA
14322999 LEVEL FIVE
Grisolia, ANGELA. Janice
25869238 NINE MA. FOUR 28,453,748 EUGENIA
JUAREZ, GRISELDA VANESA. DOS 30025309
Justel M. FAILURE LEVEL MACARENA
KOHAN 33646717, 32907784 FAULT LEVEL NOELIA
ALBERTO OSCAR KRAMER 10,504,576 FAILURE LEVEL FIVE
KYNATYNIEC NOELIA 38380808 26346147 ADRIAN
LaPalombara
LATEMADE LACK LEVEL, SIX
34653810 MERCEDES LAURONCE, OSCAR. FAILURE LEVEL 23313123
35339885 LEDESMA LUIS ALEJANDRO SANTIAGO LEONARDI
FAILURE LEVEL EIGHT 35043571
LORUSSO, SANTIAGO FOUR
Lucchessi 34,217,654, 31,821,614 MAURO
MANSILLA LEVEL FAILURE, FAILURE LEVEL 11351863
RUBEN JAVIER MARTÍN A. FAILURE LEVEL
20795 MARTINEZ, GASTON 18,404 ENZO FIVE FOUR
MASTOY
Mastrodonato CLARIS NON LEVEL
MATURA 34500856 22895996 SANDRA VALENTIN MAURO
FAILURE LEVEL LEVEL NON
28204508 31018965 MELONI MARIANA MENDEZ
FAILURE LEVEL LEVEL SEBASTIAN 28,454,174 LACK LACK
MENDIETA OLGA 21756 LEVEL
MERLO, CAROLINA VICTORIA. SEVEN 33886813
MICHIELLO, CLAUDIA A. JULIETA Miraved
16593379 30,422,512 SIX FOUR
Miserendino, DIEGO. SEVEN
FAVERO 33827521 MOLINA, PATRICIA 29773071
FOUR 20311 CECIL MONDACA
MISSING MONK LEVEL LEVEL NON SILVIA 30,336,341
Monterisi, MA. FAILURE LEVEL
277741007 CLARA MONTES, JOSE MANUEL 27,416,004
LACK LEVEL LOT SIX
FACUNDO 35314238 20818 MORA JOSE MARIA MORENO
FAILURE LEVEL, JOSEFINA 33,908,337 T. FIVE
Ricardo Moyano MURAD
25716209 ANDREW LACK LEVEL FOUR
29,442,836 MURIAS, MA. BELEN
Ninn 33,468,007 FIVE MISSING LEVEL MACARENA 34217395 26901322 ILLEGIBLE
NUÑEZ ALDO. STUDENTS SHOULD REWRITE THIS CONSIDERATION. IF YOU ARE HEREBY reprehensible. Olloqui
LEVEL MISSING BIRTH DANIELA 17,150
ONTIVEROS, PRAY GABRIELA
FOUR 27873122, 27741388 FAULT LEVEL MELINA
ORELLANO, CEFERINO EIGHT 31,958,354
ORIONE 22,023,030 SILVIA SILVIA Paccini
FAILURE LEVEL LEVEL NON
14728 CLAUDIA LOADERS. 20633279 FERNANDO PANASCI
FOUR FOUR
PATANCHÓN 30,006,278, 31,825,878 SERGIO LEVEL MISSING PEACE
MENA, MARIA BELEN PEREYRA 34,462,496 FIVE
, EVA V. 23,245,189 FIVE
Pi de la Serra, MARY VICTO REPORTED NO-NO DISCUSSION FOLLOWED THE
PIURA, Florence. FAILURE LEVEL 29751694. IF YOU DO NOT WRITE in an intelligible form WILL NOT BE ACCEPTED FOR REVIEW Recuperatorios. POLO
LUCAS. FAILURE LEVEL
32432652 PONCE, MARIAN. SEVEN
28879123 PRIETO, ROMINA 33,866,710
PUGLIESE FOUR LIGHT. NINE 34564421 RAMIREZ
STEFANIA Laudani. FAILURE LEVEL
31305786 RAMOS CLAUDIA LACK LEVEL 25,635,306
REBOL, Maria Belen. 18472 SEVEN
REGUERA, STELLA MARIS 14,394,365
LACK LEVEL LEVEL MISSING RODRIGUEZ CLARA
20560 RODRIGUEZ, MERCEDES. ROJAS JOSE 34500855 21,802,244
EIGHT LEVEL FAILURE
ROJAS, ESTELA ROSANA ROMERO 20065349 FIVE
Maisonave, VALERIA 31,570,375 LEVEL MISSING MARIA JULIA
Rubella. FOUR
SAFONT 33670126 RODRIGUEZ, ROCIO A. EIGHT
SAINI 34500089, 31505442 FLORENCE LACK LEVEL
SÁNCHEZ, DANIEL MATIAS. FACUNDO SANDOVAL 32917797 34180746
SEVEN FOUR MISSING
SBROCCHI VANESA 3866639 34,577,401 LEVEL SIX Natalia Scaglia

SEGU, FEDERICO SUAREZ SIGAL
33103451 FOUR FAILURE LEVEL ROCIO
33219458 SANDRA SILVA SUSANA. SEVEN
30908954 SILVA, WANDA 30,060,871
SORIA LEVEL FAILURE, FAILURE LEVEL
CRISTINA SOSA 20594713, NADIA S. SPALLETTI 21,023
SEVEN MISSING
STACI NATALIA 33912656 LEVEL FAILURE LEVEL SIX
STORTI
19465 FRANCO SUAREZ, GUSTAVO DARÍO 14,393,109 FAILURE LEVEL JOSE SWIDZINSKI
. FOUR
Talarn 10506484 SEBASTIAN R. FAILURE LEVEL TAMBURINI
25598453 MARIA PIA. FAILURE LEVEL
20040075 TONTO, MANUEL 25312206 LEVEL FAILURE
URIAGUERECA, MAITE. FAILURE LEVEL 29909724
URIARTE, LUCIA FOUR
33,912,062 VALLEJOS, EDGARDO VAZQUEZ
LEVEL FAILURE 17.298/00, PAOLA NATALIA 28413083 FOUR FOUR

Vezzi VIDAL, 17.411/00 CARLOS JOSEFINA Villani
FAILURE LEVEL LEVEL NON
29141430 GABRIELA VILLEGAS 18034 FAILURE LEVEL LIVING
EZEQUIEL DARIO
34469563 WALSH JOHN LACK LEVEL LEVEL NON
STEVEN WOLFF, FREDERICK 33102733 FOUR
WOSZCZYNA Jesica M. SEVEN
33413844 ZAMORA, JORGE 12,070,285

LACK LEVEL REVIEW WEDNESDAY 11 MAY TO 18 HOURS .-

COMMUNICATE TO STUDENTS NUÑEZ ALDO, DNI 26901322 YOUR CONSIDERATION HAS BEEN CONSIDERED IF ILLEGIBLE TEST IS INTENDED TO YOUR CORRECTED, THIS STUDENT MUST CONTACT THE OWNER TO REWRITE YOUR CONSIDERATION ON THE BASIS OF A COPY OF IT. IF YOU PUT IN CONTACT TO BE PRESENTARWSE Recuperatorios, reprehensible IN FIRST PART.

Monday, April 25, 2011

Earthquake Of San Francisco Amplifier Pa 4030

RELATIONSHIP CAPITAL SOCIAL PURPOSE. Undercapitalisation

SUBJECT REGARDING SOCIAL CAPITAL. Undercapitalisation


Synthesis of a longer article on the subject .- Maria Barrau




I. .- SOCIAL CAPITAL RATIO OBJECT
different postures
debate whether social capital should be required to comply with the objects from the time of creation. That is, if the agency comptroller is empowered to deny registration to a society on the grounds that social capital is insufficient to develop the social order or it is outside the orbit of the agency comptroller to be a question of responsibility of partners and managers. The first way was resolved among others to vote on Veca Butty Construction [1]

In this case it was held that the purpose is defining all the activities that the partners intend to meet under the corporate name and therefore should be kept necessary relationship to social capital, while all ordained member contributions to the achievement of this goal. Thus it follows that social capital disproportionately small in magnitude ex origine determine the impossibility of fulfilling the order, which must be factually possible, as pointed out.

Similarly resolved in cars stop Ceretti Ditto SA Roberto c-s-regular [2].

In 2003 the General Inspectorate of Justice registered a company for not maintaining the relationship between social capital and the object [3].

The General inspection of Justice for resolution 9 of 2004 has established that the social order as a set of activities shall keep reasonable relationship to social capital. [4]



The current resolution of the General Inspectorate of Justice maintains the same approach with the following words "Article 66 .- The object must be unique and reference be determined accurately and through concrete and specific description of the activities that contribute to its effective achievement. It is permissible to include other activities, also described in a precise and determined, only if they are related, accessory and / or complementary activities that lead to the development of social order. All the activities described should be kept reasonable relationship to social capital. "

Numerous authors advocate mandatory correlation between social capital and social order. [5]

The House Civil and Commercial Santa Fe had the opportunity to be issued stating that the object relationship and social capital is embodied in current corporate law in Article 94 paragraph 4 of Law 19,550, which includes the grounds for dissolution of the company's failure to achieve the purpose for which it was constituted, as well as the social capital under Article 11 inc. 4 has recognized various functions of productivity, positioning and security partner. Social capital is the counterpart of the limitation of liability, the partner, a limitation that is considered a privilege, that privilege requires that members provide sufficient funds for its mission, for without a proper social capital the unique benefit of limitation of liability is unfounded. [6]

Some authors state that sufficient capitalization of society should be given at the time of its establishment and thereafter for the life of society, thus to avoid insolvency .

The X National Congress of Corporate Law (La Falda, Córdoba-October 2007) was discussed at two panels this issue, finding the doctrine divided.

Vitolo said that the capital adequacy due to corporate activity is an assumption of fact which must be analyzed from two basic principles the case and the rules of reason. Must converge to an identity between the legal concept of social capital and the accounting concept of capital account. Must enshrine the principle that everything that enters the capital account is accounting [7]



Our position is at odds since they do not see any rule referenced in the company law or the draft reform, the capital-like objects to express to the paper we presented at the National Conference on Corporate Law in tribute to Professor Henry M. Butty. [8]

The first article, the law defines commercial society without mentioning the social-capital ratio objects. In

Article 11 of the same law makes it mandatory to determine the social capital and social order must be precise and specific.

Article 186 of the Act itself establishes a minimum share capital for the formation of corporations, noting that that figure may be increased by the executive, without reference or indication that capital should be linked to the social order .

believe that the problem is solved by applying the rules responzabilizatorias that the law has.

At the orbit of the Province of Buenos Aires is not requested such a relationship. It permits the creation of a limited company with capital of at least twelve thousand pesos or a limited liability company with lower amount, regardless of the magnitude of the social order.





II. Standards that protect the sanctity of social capital. PROTECTION OF THIRD



law within society, there are a set of rules to protect the sanctity of social capital (see specifically articles 39, 53, 68, 71, 187, 205, 206, 220).



Article 32 of the LS is no incorporation of companies or increasing capital through mutual interests.

Article 39. the LS Contributions can only consist of specific assets subject to execution or enforcement of joint stock companies and limited liability companies.



Article 50. Differentiation of services ancillary to the contributions to society.



Article 53. Need for approval by the authority of Comptroller of the valuation of non-cash assets supplied to corporations. It also states that social capital plays a productive role in addition to the warranty, admitted on the basis of this production function the contribution of all types of property in certain types of companies. In the reform bill the law of commercial companies that adopted the kind of simplified corporation, following this approach [9]



Article 68. Prohibits the distribution of dividends to shareholders, if they do not come from earnings, and fluid balance resulted from an assembly or meeting approved by members.



Article 70. Obligations to society to make legal reserves should reach 20% of social capital [10].



Article 71. Prohibits the distribution of profits until the losses are not covered in previous years.



Article 186. Sets the obligation to take all the capital at the time of establishing the contract. Social capital so that there should be no subscription commitment.



Article 188. Registration records the failure of social capital to increase their subscription. Article 186 establishes that in this chapter, social capital and subscribed capital are used interchangeably. With these articles, the law itself slogan that there can be social capital if there is no subscription commitment, being authorized administrator or trustee in bankruptcy to enforce.



Article 187 Obligation to integrate the entire non-cash capital at the time of subscription.



Article 202 enshrines the invalidity of the issuance of shares below par.



Article 205 provides for the possibility of capital reduction for losses incurred for the purpose of restoring the balance between capital and equity.



Article 206 obligates the company to reduce capital when losses exceed the reserves and 50% of social capital [11].



Article 220 Failure of society to acquire its own shares.



Article 222 prohibits the company receive shares as collateral.



Section 223 authorizes the redemption of shares and realized net profits. Is



Cervini that all these cases tend to illustrate the concept of basic nominal or indirect guarantee that covers the law objectively merit of the unavailability of capital accounting. [12]

In German law is not supported to enable partners to be released from its obligation to comply with the contribution. Against the company's credit is not acceptable compensation. This rule is quite different from ours, which can compensate for what a company owes inbonis still serious difficulties economic, as the chances of recovery are unequal and therefore we could say that we find ourselves talking about a currency or other amount. [13]





III.
undercapitalisation


In all conferences of recent years have been discussed undercapitalization. From the etymological point of view is the lack of capital. This term has been used both to describe the capital adequacy in relation to the object as to describe the situation of insolvency that society suffers when the estate is insufficient to meet payments to creditors. The first is described as native and second as derived.

In that sense it has considered any disproportion undercapitalisation clearly measurable or verifiable, the magnitude of liability set out statutory capital and the level of business risk in each case is scheduled to achieve the purpose. It is also said that a society is undercapitalized when capital or equity are not sufficient for the kind and volume of business planned or actually carried out, respecting the financing methods and without resort to third-party claims to cover financing needs medium or long term. [14]

A undercapitalisation difference between material and formal. In the first, the society is devoid of input from partners and external resources while the second partner to provide credit to finance the company from a position of creditors. Following this scheme, the German doctrine distinguishes nominal capitalization capitalization material. The first relates to the classification as such capital contributions that have the appearance of another title, the second, equity is not sufficient to satisfy the type and extent of actual economic activity or purpose, financial needs of medium and long term which may not normally be covered credits to third parties. [15] For some doctrinal

undercapitalization occurs when the capital falls into the habit of failure in relation to the object doing the act establishing the contract voidable. [16] is empowered his agency's comptroller control [17]. Others hold the opposite doctrine stating that the company is financed with own funds and third party funds. [18] Vitolo said that mechanisms should be established legislatively reviewed and updated annually, minimum amounts of capital. [19]

has been said in this connection that the equity of a company is made up of contributions from partners, reserves and retained earnings, is available to the company has no time limit, is the venture capital, and therefore liable for social liabilities.

The equity gap, replaced by external financing, creditors moved to a proportional share of the risk.

In our country, and voices have been heard on undercapitalization. Miguel Araya in the Congress on Corporate Law of Mar del Plata-1995, we said "It should rethink the notion of social capital as the corresponding attribute functions, assuming the traditional criteria established in our company law is in crisis, with the conception in 1972 Orthodox social capital. We find that the economic reality shows us that the companies have two big funds, equity and borrowed funds.

A commission discussed deeply the problem of social capital in the Congress in Buenos Aires, September 1998.

The issue is not so simple because the societies in many cases working with others with equity and debt capital. In that case you should analyze the debt ratio of each company to consider if you are undercapitalized.

has said in several meetings that there should be an obligation of partners and managers to control the balanced development of social capital on the corporate spin and indebtedness. [20] Existing contrahendo blame [21]. is hereby imposed at the discretion of the partners is as shared responsibility for the generation of partners and managers in case of failure [22]

Congress in Corporate Law Rosario-2001, Dr. Ernesto Daniel Balls said in his speech that "The function must have the guarantee that social capital is not satisfied. It plans to begin talking about social equity and limit their reductions through the use of maximum levels of indebtedness. Indicates that the causes that lead to question the ability of social capital to meet the guarantee function are basically two a) the solvency society is measured in terms of equity, b) is not appropriate to impose absolute limits, but given the diversity of societies is better to speak of limits on. "[23] considers that in equity have two major groups that are reserves and undistributed results. Required reserves are unavailable so not add anything in the scheme that arises, but with the voluntary reserves which are available by members, similar to retained earnings or undistributed. The proposal is that the minimum capital is equity and is in relation to the asset, and varies in each case, establishing a maximum rate of borrowing whereby members could no longer remove utilities and other index in which the company should be dissolved.

undercapitalization The consequences are disastrous for the overall economy and the liability, the creditors. Today it is the parties outside the corporate money which bear the brunt of undercapitalization.

determine when a company is undercapitalized is very complex, there are no specific rules to establish and should be considered each individual case, it is elemental to know exactly what this concept, all accountability factor.



believe that as important is to set precise limits to which society can work with equity capital and as far as you can with foreign capital. We believe the company is able to develop the social order, to the extent that the partners want to give it. We believe that the registration authority should not control the capital object, but an issue of accountability. We see the common pledge of creditors in equity and not in the capital.



IV. LIABILITY AND undercapitalisation



here is for the question of whether there are grounds to hold the members by the mere fact that the company is undercapitalized, or because the contributions to replace benefits that do not enter the capital at risk, or must hold those who caused the risk to undertake activities without bringing to society rather than an irrelevant and inappropriate material support to the magnitude risk, or for businesses that were undertaken.

German doctrine cited by Manóvil, discusses what level of capitalization will create liability for the partners and whether their case should be limited to qualified capitalization. This characterization is given by the visibility and importance of that, and it is necessary to establish boundaries between their own and other capital with which must have. To evaluate these aspects should be considered the following items) Size of business activity, b) Type of business and industry, c) financial plan and methods of delivery chosen, d) Ability to be receiving credit in the market. Raiser said that the need for a qualified capitalization, recently justified liability where the capital shortfall is substantial and obvious to the insider. [24]

Manóvil also states that there must be a causal link between the capitalization and insolvency of the company without going into default. The assumptions that have been accepted in Germany are scarce jurisprudencialmente [25].

Some German courts considered that responsibility for capitalization has become justiciable matter [26].

German doctrine discussed whether we have a subjective theory of liability, whether there was negligence on the part of partners or corporate bodies, or an assumption of liability. [27]

also analyzes its scope: if you answer only the difference between the company's capital and equity capital that must be provided with or without limit, social liabilities. Rafael Mariano Manóvil enlisted in the second proposal. [28]

Another issue that arises is the subject to respond: the doctrinal view that the partners have no influence on corporate management should not respond, ie the liability is limited to members with power of decision. [29]

German law considers that if the capitalization is originally meet all partners [30]. By contrast, if a survivor subacapitalizacion, respond those who can do it, did not correct the defect with new contributions, and who has undertaken an expansion of activities without giving the company the means to do so. [31]

In short, Manóvil considers that although the rules of Argentine law is less prescriptive than those of German law, respond to identical principles. The limitation of liability allowed in some types of companies provided to equip society with a realistic risk its own capital and adequate social activity and serve as a guarantee to the legal and economic world where it is inserted. Regulatory support in the art. 2 of the Societies Act.

-capitalization is a resource for good faith and violating the rights of others [32]. Manóvil believes that our right to be valued aspects such as the existence of a subjective factor allocation, scope of responsibility still applying the first paragraph of art. 54 of the Societies Act and the precision with which one must understand of risk capital. This will be considered as such contributions or increases the initial capital, ancillary services, retained earnings, reserve training, and behavior of shareholders and partners in the dynamics of social life in terms of dividends. [33 ]

undercapitalization Niseen states that allows it to be accountable to partners and controlling.

a) If the original was undercapitalization this is from the very constitution of society, all shareholders must be held accountable social obligations without the possibility of availing itself of the limitation of responsibility ..

B) If undercapitalization has been the survivor, the unenforceability of the benefit of the limitation of liability is directly applied to the controlling partners, whose definition is imposed by Article 33 inc 1 and 2 of Law 19550. It's when as members of the board of directors or as members of the majority of social capital, are able to successfully navigate the legal avenues for the influx of shareholders of the funds required to capitalize the company.

c) The above exceptions do not change with respect to non-controlling shareholders, to the extent that in the functioning of society they can and need to know the economic and financial situation of the society. The application will not be automatic in this case. Would have to see the conduct of outside shareholders against the approval of the balance sheets and capital increase request could have done or management directory, which is similar legislation in the provisions of art. 274 in fine of the Companies Act. [34]

Richard Hugo says that according to the type of society, we must analyze the situations in which limits the liability of members and if there is an abuse of technical means if only lack of planning or capitalization. With respect to managers, will be in cases of illegality of their conduct (intentional conduct that creates liability or negligent as negligence, incompetence or negligence [35]), Cristian said that corporate undercapitalization not in Argentine law institute of identity, it does not apply to art. 54 para. 3 of the LS, in any case the solution should be sought by way of the liability of directors or the dissolution of the social body. [36]

Niseen states that "The society undercapitalisation opens the door to demand accountability equity partners. Otherwise is to privilege the dogmas of the human being. [37] "To Vergara del Carril, the risks of undercapitalization not go through the assets are other factors taken into account as the asset structure of society, its debt ratio, the cost of financing its own cash generation, investment policy and working capital that has nothing to do with the nominal capital. [38 ]

Tilli Lopez believes that the problem is not in the limitation of liability as to enable the corporate and bankruptcy law to transfer the risk to creditors. [39]

The jurisprudence of the work has been responsible for a undercapitalized company managers and associates [40]. Guibourg ruled that "The regime of limited liability companies is to facilitate productive investment by allowing the trader to risk in the capital only designated company without compromising the rest of their personal wealth. This facility however, can not become a means to defraud the interests of third parties.
is clear that an LLC may be in financial difficulty: it is precisely for this course has provided limited liability, so they can run and still be declared bankrupt without the rest of the assets of its members is affected. But articles 54, 59, 157 and 274 of the Companies Act establishing joint liability of partners and managers in certain exceptional cases that should be: When you use the form of company as a mere means to violate the law, public order or good faith or to frustrate the rights of others, as happens in the event of absence or deficiency in the register of the employment relationship (Case No. 73685 of 11/4/1997 in re "Delgadillo Linares, Adela c / Shatell SA and other s / dismissal). Now all this institutional arrangement is that the capital budget which is equipped SRL-normal limit of liability of its partners, is sufficient to support its business. There is a minimum capital for the establishment of a company if that requirement is met can be formed, it is not given to the administrative authority to predict what should be the future of the company money. It is the responsibility of own partners maintain a reasonable relationship between the real money and the capital with which the Assembly is provided with: in other words, what is presented in the market as a strong and prosperous company can cover the almost total credit to meet the obligations. Of course, that fact remains on the irrelevance while the company actually has enough assets to serve common security of its creditors. When these are lacking, and even more so when they disappear or are owned by third parties outside the rotation of society, creditors find that the limit of liability of the partners, established themselves near the legal minimum amount appears disproportionate not simply with debts but with their own line of business in normal times. This condition is aggravated when the creditors are dependent workers of society, because job seekers are not able, as usually happens with the merchants, taking into account the social capital of the company you hire. In this special case, this disproportion is demonstrated by the value reached by the social security contributions when they were transferred. If society is the legal minimum capital, later transferred membership fees for a higher price and at a time to meet business debts has no personal property, this indicates a behavior fit into the Articles 54, 59, 157 and 274 of Law 19550.

We believe that heritage is the common pledge of creditors. What is important to establish precise limits to which society can work with equity capital and outside capital.



Is Article 54 of the Societies Act in section three of this course whenever and controlling partners liable for all damages caused by his fraud or negligence against third parties.

argue that we have a subjective theory of liability, because the company must have adequate equity capital to carry out the object proposed.

it is important to take into consideration that there is accountability there must be a fault, a damage and a causal link or bridge plate between the event of damage (fault and damage). There alleged

accountability to managers or partners in the art. 206 of the Companies Act to the case of mandatory reduction of social capital that is known by the directors or partners and they do not comply with the law tends to protect third parties to publicize.



Thus, to engage in social activities should maintain a suitable social heritage or is not grossly inadequate and it may dismiss the socialite when no such requirements had been met. Hence, the first paragraph of art. 54 of the Societies Act establishes joint and several liability of controlling shareholders or to compensate any damage occurred to the company for fraud or negligence.

Coinciding with the German doctrine, we believe that managers should be liable to the extent which they have undertaken activities to which the company does not have sufficient assets. This responsibility arises from Articles 59, 274 and related provisions of the Societies Act.

With respect to the liability of partners, we believe, in this case must apply the provisions of Article 54 of the Corporations Law in its third paragraph. According to it, answer the partners who have known and had power to decide on the activity, who have consented to the acts done and



V. Undercapitalization AND THE COLLAPSE OF SOCIETY



can arise While the liability of the members of the art. 39 inc 6 of Law 24522, it does not specifically address the issue of whether society undercapitalization is advised when it is in a state of insolvency (the company has no assets to meet its capital debt and insufficient sample to answer for the liabilities). It is the duty of the trustee in case of companies, indicate whether the members made their contributions and whether there is liability that they can be held. The trustee should only evaluate the integration of the contributions subscribed. A wider stance would say that the liquidator should report all cases in which the sum of the contributions was not enough for the activity or persecuted. Consequently, members respond to the insolvency of the difference between actual capital contributed and that necessary for the development of specific business activity. [41] According to Ricardo Niseen

rule should be interpreted more compatible with art.175 24522 law regarding liability actions against the members limited liability, whose legal standing for the trustee. Notwithstanding the foregoing, we note that the majority believes that doctrine should apply the art.54 of the Societies Act. [42] In contrast, Nissen

believes that such an article dismisses the interpretation of these actions limited liability damage occurred to the entity for negligence or fraud of the partners or controlling, but refers to the damage suffered by third parties against whom the reference level of responsibility assumed by the partners is relevant data from all points of view. It could take care to limited partners liable if they do not have made the payments necessary for the development of concrete and real business activity.

Of the art .. 513 and 902 of the Civil Code can be inferred that the failure to capitalize the company is negligence of the partners.

Niseen Stresses that the Decree No. 1084-91, Company Law 101990 English sports has devoted to this solution requires that these companies should have a capital that it represents half the average of the costs incurred in the past three years, plus existing liabilities at the end of this season. This approach followed the draft Corporations sports in our country. [43]

For cases of bankruptcy cases could apply for extension of art. 161, 24522 law [44].







--------------------------------- -----------------------------------------------

[ 1] Construction Srl JdeReg Veca, 80 / 06/30. If the object defines the set of activities that the partners intend to meet under the corporate name, then saved ratio commensurate with the capital needed, while all ordained member contributions to the achievement of that end, what it follows that a disproportionately small share capital in its magnitude determined former originates from the inability to meet the object, which must, in essence, be factually possible, as pointed out. 2. While it is true that the subsequent action of the corporate life determine the unfolding of social capital and assets, mismatched, with more than likely increase assets, social assets conceived as cash, the capital, with the result of answering the society in the third and comply with the order, rather than the equity capital it is also true that the court of the legality of the social constitution then it will not dispense with the analysis of the possibility of fulfilling the object with the capital originally assigned social, single parameter apprehensive, being the capital is mention of law enforcement to constituents, and has obvious instrumental effect as law as prescriptive political environment does not end in itself. 3. No obstacle is the requirement of a proper social capital in order that the company intends to develop, the fact that Law No. 19550 has not reissued the minimum capital requirement by law 11645 content. Nothing says the preamble explicitly about it, but the reference to a greater extent does not necessarily follow that it includes the permissibility of capital minimal. 4. Authoritative doctrine postulates the abandonment of minimum capital for companies, just because the inflationary process would eventually allow otherwise meager capital attributed to the formation of societies minimum economic consistency, or expressly state that the abolition of minimum threshold does not in any way enable partners to provide meager amounts of social capital. 5. No matter giving rise to the largest number of companies, but they are viable, have the means to ensure their future life thrives. 6. It seems obvious that the technique as a way of limiting corporate liability and to facilitate or promote more legal action is contingent plural: just go over three thousand years of historical memory in the western world. 7. If the use of corporate technology is contingent means to abide in economics, this split mind neither more nor less than being two companies in the reality of the facts, generating seemingly empty, economically unnecessary entitative drive, and it does not seems intended by the law that has left the possibility of the exercise subsistent individual trade. 8. What has been termed "quantitative consideration" of objects makes both the reality of the corporate entity, wanted by the law against the implementation of the limitation of liability, the prestige of corporate technology, which in the case of some types (corporations and limited liability) could judged almost reduced to a minimum in the Plaza Argentina.



[2] CNCom., Room E 1987/08/24, Roberto c Ceretti cease-Ditto SA

s-regular [3] General Inspectorate of Justice, "Gaitan, Barugel. SRL Associates. " 2003/11/04

[4] General Inspectorate of Justice.

resolution 2004/12 [5] G. FERNANDO D'ALESSANDRO, www.societario.com Reference No. 12522. Electronic Journal of Corporate Law No. 37 - April 2009

[6] CNCiv and Com Santa Fe, Room II, 2006/04/2, Bocca SA s-Registration.

[7] Vitolo, DANIEL ROQUE The phenomenon of undercapitalization corporate t III p. 307. IX Argentine Congress on Corporate and V Latin American Congress of corporate law and business

[8] BARRAU, MARIA. Capital Value Property-undercapitalization. National Conference on Corporate Law in tribute to Professor Henry M. Butty. pg. 135. 2007

[9]. ARAYA, MIGUEL C, Rethinking the concept of social capital. VI Argentine Congress of Corporate Law. TII. p. 284, Ed Ad Hoc.

1995 [10]. Silveyra, MIGUEL MARIA feasibility of including the shares without nominal value in our legal system in light of the rethinking of the concept of social capital. VII Argentine Congress on Corporate t III. Buenos Aires 1998 p.231

[11]. ] NISSEN, RICHARD A Current Overview of Corporate Law. p 24/25 Ed Ad Hoc.

[12]. CERVINI, FRANCISCO J., Crisis of Social Capital as Collateral (for the third and as a reference for investors) VII Argentine Congress on Corporate t.III. p.176, Buenos Aires 1998.

[13]]. MANÓVIL, RAFAEL MARIANO, Responsibility of the Partners for lack of equity. Current Notebook Business Law. p. Depalma Ed 612 1996.

[14] CHRISTIAN, JOSÉ MARÍA; GERESIN, MARIA ISABEL and Prone, JAVIER, undercapitalization and unenforceable "TIII page. 549 Eighth Congress of Corporate Law, IV Ibero-American Congress Corporate Law and Business. Rosario, 2001. Buenos Aires, Rubinzal Culzoni Editors,

[15] MANÓVIL, RAFAEL MARIANO, Responsibility of the Partners for lack of equity, List of Current Business Law, p. 621Ed. Depalma, 1996

[16] CASH, WILLIAM, undercapitalization as invalidating the constitutive act, XI Argentine Congress on Corporate and VII Latin American Congress on Corporate Law and Business, p. III t 301 Ed Foundation for Research and Development of Legal Science. LEON ADOLFO BONILLA, undercapitalization corporate, liability assumptions, t III, pg. 129, VIII Argentine Congress on Corporate and IV Iberoamerican Congress of corporate law and business, RICARDO NISEEN AUGUST, Infra capitalization of business enterprises, abuse of rights and responsibilities of members and controlling, t III, pg. 187 VIII Argentine Congress on Corporate and

IV Iberoamerican Congress of corporate law and business, DANIEL BALL, The relationship social capital - social order t II, p. .. 243X Argentine Congress on Corporate and VI Latin American Congress of corporate law and business, CRACOGNA, DANIEL capital in commercial companies, t II, pg. 267 X Argentine Congress on Corporate and VI Latin American Congress of corporate law and business, Kulm DAVID A, relationship between social capital and the legitimacy to order watchdog, t II, pg. 293X Argentine Congress on Corporate and VI Latin American Congress of corporate law and business, NISEEN RICARDO, is essential for the purpose of allowing the effectiveness of the principles of productivity and security to meet the social capital in a commercial enterprise, preserving insensitive relationship between this and the social order t II, p. 359X Argentine Congress on Corporate and VI Latin American Congress of corporate law and business, PUCCIO MARIANO, PUCCIO MONICA, the fit between social capital and social order, t II , pg. 373X Argentine Congress on Corporate and VI Latin American Congress corporate law and business, RECIO JUAN IGNACIO, GUIERRI FEDERICO ALBERTO, issues concerning the relationship between capital and the object of commercial companies, t II, pg. 373X Argentine Congress on Corporate and VI Latin American Congress of corporate law and business.



[17] STIRPARO MARTHA LILIANA, Relationship Between Social Capital and the object, evaluation by the control authorities, t II, pg. 417 X Argentine Congress on Corporate and VI Latin American Congress of corporate law and business, LEON ADOLFO BONILLA, t III, pg. 129 VII Argentine Congress on Corporate and IV Iberoamerican Congress of corporate law and enterprise

[18] Tilli ADOLFO LOPEZ, undercapitalization, t II, p. 305 X Argentine Congress on Corporate and VI Latin American Congress of corporate law and business, triols LUIS should practice eliminated the minimum capital requirement and the requirements of fitness between minimum capital and the social order t II, pg. 421 X Argentine Congress on Corporate and VI Latin American Congress of corporate law and business

[19] Vitolo, DANIEL R, The establishment of minimum capital as a gateway to a differentiated accountability system and a possible differential liability regime , XI Argentine Congress on Corporate and VII Ibero-American Congress and Corporate Law Enterprise, t III p. 327 Ed Foundation for Research and Development of Legal Science.

[20] PURR PAUL ALEXANDER, The relationship between corporate law and corporate market in the infrcapitalizacion, t II, p. 397X Corporate Law Argentine Congress and VI Latin American Congress of corporate law and business

[21] ABDALA MARTIN, Liability of directors for undercapitalised t II p. 556, XICongreso Argentine Corporate Law and VII Latin American Congress of corporate law and business



[22] RHCHARD EFRAIN, capital-order regulation., RICARDO RUIZ ALBERTO, accountability of managers and corporate partners for undercapitalization, TIII VIII Argentine Congress on Corporate yIV Iberoamerican Congress of corporate law and business



[23]. BALLS. ERNESTO DANIEL, The repeal of the capital. p. 91. VIII Argentine Congress on Corporate

[24]. MANÓVIL, RAFAEL MARIANO, Responsibility of the Partners for lack of equity, List of Current Business Law, p. 621 Ed Depalma, 1996

[25]. MANÓVIL, RAFAEL MARIANO, Responsibility of the Partners for lack of equity, List of Current Business Law, p. 622 Ed Depalma, 1996

[26] [MANÓVIL, RAFAEL MARIANO, Responsibility Partners for lack of equity, List of Current Business Law, p. 623Ed. Depalma, 1996

[27]. MANÓVIL, RAFAEL MARIANO, Responsibility of the Partners for lack of equity, List of Current Business Law, p. 625 Ed Depalma, 1996

[28]. MANÓVIL, RAFAEL MARIANO, Responsibility of the Partners for lack of equity, List of Current Business Law, p. 627 Ed Depalma, 1996

[29]. MANÓVIL, RAFAEL MARIANO, Responsibility of the Partners for lack of equity, List of Current Business Law, p. 627 Ed Depalma, 1996

[30]. MANÓVIL, RAFAEL MARIANO, Responsibility Partners for lack of equity, List of Current Business Law, p. 627Ed. Depalma, 1996

[31]. MANÓVIL, RAFAEL MARIANO, Responsibility of the Partners for lack of equity, List of Current Business Law, p. 627 Ed Depalma, 1996.

[32]. MANÓVIL, RAFAEL MARIANO, Responsibility of the Partners for lack of equity, List of Current Business Law, p. 628Ed. Depalma, 1996, CASH, WILLIAM, undercapitalization as invalidating the constitutive act, XI Argentine Congress on Corporate and VII Latin American Congress on Corporate Law and Business, p. III t 309 Ed Foundation for Research and Development Legal Science

[33]. MANÓVIL, RAFAEL MARIANO, Responsibility of the Partners for lack of equity, List of Current Business Law, p. 629 Ed Depalma, 1996

[34] NISEEN, RICARDO, overview of Corporate Law, p.30 Ed Ad Hoc 2000.

[35] RICHARD HUGO, Corporate Insolvency, III Argentine Congress of Bankruptcy Law Ad Hoc p.338 Ed.

[36] CHRISTIAN JOSE MARIA, MARIA ISABEL Feresin, prone JAVIER, undercapitalization and Unenforceability, t III, pg. 187 VIII Argentine Congress on Corporate and IV Iberoamerican Congress of corporate law and business

[37] NISEEN, RICARDO. Current Outlook Corporate Law, p.30 Ed Ad Hoc 2000. CNCivil. Room D 5'12'97 · G of P. CG.A. and GI and other

[38] Vergara del Carril, DANIEL, corporate undercapitalization not depend on the nominal capital but its ownership structure and maintenance of certain financial relationships. t III, p. 307. IX Argentine Congress on Corporate and V Latin American Congress of corporate law and business

[39] Tilli LOPEZ, ALEJANDRO, undercapitalization is not the problem. Inability of our legal system to ensure efficient risk shifting, XI Argentine Congress on Corporate and VII Latin American Congress on Corporate Law and Business, p. III t Ed 311 Foundation for Research and Development of Legal Science.

[40] S.90.169 CAUSE 11.425/2005 - 'Arancibia Nora and others vs Ricardo Rodríguez Marcos and other s / execution of work credits' - CNTrab - Room III - 2008/09/22.

[41]. Badola, CLAUDIA MARIA, PAOLA JELONCHE HEBE, Liability of partners with limited liability undercapitalization of the bankrupt company, the Argentine and Latin American Bankruptcy Law. Ad Hoc T III p.351 1997.

[42]. NISEEN, RICARDO, overview of Corporate Law, p.31 Ed Ad Hoc 2000.

[43]. NISEEN, RICARDO, overview of Corporate Law, p.31 Ed Ad Hoc 2000.

[44]. MANÓVIL, RAFAEL MARIANO, Responsibility of the Partners for lack of equity, List of Current Business Law, p. 628 Ed Depalma, 1996

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testing schedule. ENDNOTES

COMMUNICATE TO STUDENTS THAT THE TIME OF TESTING TO FILE CIVIL AND COMMERCIAL COMPANY IS A FOURTEEN HOURS (14 HS) on the dates fixed, UNLESS IN SPECIAL EVENT WILL ANY ADVISE OTHERWISE. LUDOVICO RICARDO GULMINELLI.

Monday, March 28, 2011

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Friday, March 11, 2011

Cargo Basket Voyager Xl

SUMMER COURSE .-

ENDNOTES SUMMER COURSE OF CORPORATE LAW OF STUDENTS .-

under scrutiny
CATALINA SEBASTIAN. FOUR. CORDOBA
LUJAN. DOS.
D'ANDREA, MARTA DOS.
GENES, VANESSA. FOUR.
GIRALT, YAMILA. DOS.
LOPEZ, GABRIELA FERNANDA FOUR.
MARTÍN, JAVIER. DOS.
MICHIELLO, CLAUDIA. DOS.
MURIAS, Maria Belen. DOS.
RUIZ, WALTER FOUR.
Sabatella, ARTURO. FOUR.
SOSA, NADIA. DOS.
STINSON, MARY. DOS.
Esandi, Deborah. DOS.

Friday, March 4, 2011

Malar Rash And Sarcoid

Recuperatorios

as agreed STUDENTS WITH DAY TO MARCH 10 17 HOURS, IT WILL REVIEW THE SUMMER Recuperatorios OF CIVIL SOCIETY AND BUSINESS.

Sunday, February 20, 2011

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SUMMER 2007 REFERRAL TO FILES ON COOPERATIVE

Students, if you look at the blog in November 2007, find the Cooperatives Act, the explanatory memorandum is very educational and an article on cooperative action.

Cooperative Act. Ricardo 11/26/1907 ludovico gulminelli


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COOPERATIVE INSTITUTIONS ACT 20337. Ricardo 11/21/1907 ludovico gulminelli


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EXPLANATORY MEMORANDUM OF LAW 20337 .- 11.21.2007 ricardo ludovico gulminelli

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OUTLINE ON CIVIL SOCIETY.

Art
1,184. Must be made in a public, except those who were held in public auction: Title VII
CAPIT society ULO I essential conditions for the existence of Section 1648
society. Society will, when two or more people had been forced each other, each with a benefit to get any appreciable value in money, as divided among themselves, who make use of what each has contributed. This article warns that the law requires the pursuit of profit. On the other hand, is characterized as a contract, no emphasizes the fact that you can treat an institution, what does emerge clearly from what has been called the single-member society, where there is no doubt that there is no type of contract. In reality, the figure as a contract, an element that dispenses today is considered essential, which is the legal personality, expressly incorporated in the art. 33 of the Societies Act, but that was not previously recognized, until the law specifically 17711 it joined the legal text. The profit motive, although it is stated in art. 1st. the law soc. com. can be excluded in the case of Art. Third, civil associations that adopt corporate form.
Section 1,649. The benefits to be provided by partners, to consist of obligations, or obligations to act. There are no limitations here if in the SA
capitalist is a partner, one whose benefit is giving obligations, and industrial partner, one whose benefit is making obligations. There are no comments to make in connection with the Societies Act. Capital
is called in this code, all the benefits that consist of obligations to give. There are no comments to make in connection with the Societies Act. Art
1650. It is no partnership agreement, when one of the contractors have not supplied to the company's obligations or duties to to do, and only concur with your credit or influence, but is obliged to contribute to the losses, if any. There are no comments to make in connection with the Societies Act. Art
1651. It is no society of all present and future assets of the partners, or all profits obtained, but society may be present designating all goods, and also the earnings, when they are in certain specified businesses. There are no comments to make in connection with the Societies Act. This is not regulated in the CC but also considered that rules because it arises from the basic concept of what society in the law of commercial companies that base on the scheme and contractual obligation to specify what contributions. Art

1652. No society will give to a partner all the benefits, or that freedom of every contribution in losses, or the provision of capital, or any of the partners do not share the benefits. There are no comments to make in connection with the Societies Act, except as annulling the whole society here is not just the clause as in the lsc. Art
1653. Will void the following stipulations:
1 ° That neither partner can give to society, or be excluded from it, even if just cause no comment to make in connection with the Societies Act.


2 ° That any of the partners can remove everything on society, when wanted, no comments to make in connection with the Societies Act. Although the recall is something that could defend, watch free of the conventions.
3 ° That the partner or venture capitalists have had to return their parts to a designated prize, or fruit, or an additional amount, whether or not profits, as in corporate law.
4 ° Securing venture capitalist, his capital or earnings potential, as in corporate law.
5 ° stipulate industrial partner for a fixed fee for their work, whether or not profits. As corporate law. Art
1654. Apply the following provisions:
1 ° none of the members receive less than the others, although their performance in society is equal to or greater; As in corporate law.
2 ° than any of the partners has the right alternative, or an annual amount or a share of any profits, I do not think that would be acceptable in corporate law because it would be a clause in the art. 13 LS ensure a profit or no profit there. Unless an interpretation that is applicable only when profits .. 3 °

death of any of the partners, their heirs are only entitled to share profits as a certain amount, or the partner or surviving partners can keep all the assets of the company, paying a certain amount. But the application of this provision shall not affect the legitimate heirs. It will also be invoked in any case the right to agree to Article 1198 regarding unforeseen supervening circumstances, In the Company Act tontinarias clauses are expressly prohibited. .
4 ° consisting of providing any partner in the use or enjoyment of a thing, the loss of the assets of the corporation is in charge only of the other partners, as in corporate law. 5 °
any of the partners are not incurred losses in the same proportion that part of the profits. As corporate law.

(Article substituted by Art. 1 ° of Law N ° 17 711 BO 26/04/1968. Valid: from 1 July 1968.) Chapter II

The purpose of the company
Section 1655. The corporation must have a lawful object. As corporate law. Art
1656. The partners can not demand that their co-partners communicate what they have acquired by criminal means or prohibited, working through the society or her name. This does not mean, as it is, because partners can report unlawful activities and to request investigations, obviously, if not try to profit from a crime. . Art
1657. Loss caused by the fraud of any partner, even if the directors of the company, it is not divisible among the members, and is personal to the author's intent, or the prohibited act. The damage may be of society, if the act is done by whom he is charged, but then there is an action for damages. This is complemented by the art. First and second section 54 and the CC 1109 of 1658

Art. The partner had led to the common ground they had gained benefits by fraudulent means or prohibited, can not compel their co-partners to the restitution received. As corporate law. Art

1659. Partners who are illegal societies have no action between them to request the division of profits or losses, or capital or things that contributed to society, or allege the existence of the company to sue third parties. As corporate law. Art

1660. The bona fide third parties may claim against the partners of the existence of the company without the partners they may oppose the annulment of her. But the third in bad faith, ie, who knew of unlawful society, can not argue against the existence of her partners, and partners may oppose the annulment. As corporate law. Art

1661. Members of the illegal companies are jointly responsible for any harm resulting from wrongful acts practiced together for the purpose of society. As corporate law. CHAPTER III


Form and proof of the existence of Section 1662
society. The partnership agreement may be made orally or in writing, by public instrument or private instrument, or by mail. The proof of it is subject to the provisions on legal acts. The contract value will be around the social fund for the rate law. As corporate law. Art

1663. When the existence of society can not be tested due to lack of instrument, or for any other reason, the partners who had been community property or interest, may rely on each other the existence of society, to demand the restitution of what had contributed to society, the settlement of transactions made in common, the partition of the earnings and bought everything in common but the defendants may assert the invalidity or existence of society. As corporate law in part because it only allows the enforceability of rights and defenses of the contract, when society is in fact or irregular, if it is dissolved. This does not seem necessary condition that prompted the dissolution and liquidation of the company because it allows the proceeds to ask, unless partition is used as a synonym for being liquidated. So when there is a public document, is precarious. Art

1664. For the previous article, the partners may sue third parties obligations have contracted with the society without these third parties may claim that society has not existed. Third parties may claim against the partners of the existence of the company without the partners they can not oppose the existence of it. As corporate law. Art

1665. Where empowering allege the existence of society, can it be proved by the facts which prove its existence, even if it is surplus value rate law, such are: As the law societies, clauses that work below, are analogy, although not imposed these guidelines ..

Letters 1, signed by the members, and written in the common interest of them
2 ° Circular issued on behalf of society;
3 ° Any documents in which the sign would have taken the quality of partners;
4 ° The sentence pronounced among the partners as such. Art
1666. The sentence, declaring the existence of society in favor of others, does not entitle members to sue each other, saying such a sentence as evidence of the existence of society. As corporate law. CHAPTER IV



Art Of 1,667 partners. Have people as partners as such, were parties to the original partnership agreement, and after they go into society, or any provision of the contract or subsequent contract to all members, or the admission of authorized administrators purpose. As corporate law. Art

1668. The only ostensible partner regardless of having just lent his name not be reputed partner in relation to the real members, although they give some interest, but it will be in relation to third parties rights against the real partners to be compensated as to pay the creditors of the company. As corporate law. Art

1669. One that is no ostensible partner, will be judged in relation to partner with people who contracted company, but not in relation to others, although they were aware of the social contract. It is different in corporate law. Art

1,670. They have qualities of partners heirs or legatees of social rights, if all other members do not agree to the substitution, or if it was not agreed with the partner had died, and accepted by the Crown. In corporate law, varies by type. Art

1671. Nor have the qualities of partners, the people loaning them in part or in whole, their social, if all other partners also not agree to the substitution, or if permitted to do so was not restricted to the social contract. Idem above. Art

1672. Most partners can not alter the social contract regarding the purpose and mode of existence of society, or authorize acts contrary to the purpose of society, or they can destroy it. Innovations of this kind can only be made by unanimous members' deliberation. As corporate law but only for partnerships. Art

1673. It is forbidden to give their social partners, if this power is not rendered the social contract reserved. If it has been agreed that could be made to other members or strangers, whether partners disagree, the assignor partner is required to give the members the value and all the conditions offered. In corporate law is similar to some types personalistic or foreseen in the contract, but it is a rule that does not give uped unless agreed. We express the value, because it imposes a preferential right to the other partners, neither of which is the rule in commercial law .. Art

1674. If any of the partners cede their rights, notwithstanding the express prohibition of virtual or social contract, so do not lose your membership, and the assignment is not mandatory for the company, but produce their effects between the assignee and the assignor leaving it become the first president. It's not like corporate law. Art

1,675. The transferee admitted as a partner will be bound to society, or with the social partners and creditors, as the transferor partner, whatever may have been the terms of the assignment. As corporate law. CHAPTER V


The administration of Section 1676
society. The power to manage the company belongs to all members, and is said to be exercised by each of them, if they appear or not to exercise it, the partners had made one or more agents, partners or associates. As corporate law for partnerships. Art

1677. When does not specify how to manage, than any of the partners will work, requires the society as an agent made by him, but each member may object to the operations of others, before they have legal effect. Ditto the above
commercial law but does not speak of opposition.
Any member can force others to pay him the expenses necessary for the conservation of common things. Not on the LS should be increased capital or borrow money. Art
1678. The company's business can be conducted under the name of one or more members, with or without the addition of the word "company." Does not impose a name, the word company is optional. Art
1679. No society can conduct business on behalf of a person other than partner, but a company established outside the territory of the Republic, can use the name she used there, though not the name of the partners. Impossible standard commercial application, this does not exist. Art
1680. The name of a company that has relationships in places outside the territory of the Republic, may be continued by those that have happened in those businesses and their heirs, with the knowledge of individuals, if living, whose names were used. This knowledge, I think that would be replaced by consent. Art
1681. The mandate to manage the company can be made in the original contract, or after the constitution of the society. If the mandate has been given by a clause in the contract can not be revoked without due cause, and the partner may have received, despite the opposition of other members, perform all acts that fall within fund management common. This is important for judicial intervention because it can not be removed by the administrator, it generates the need for school. Art
1682. There will be a legitimate cause to revoke the mandate, if the managing partner for a serious reason, ceases to deserve the confidence of his co-partners, or any impediment to fall upon her a good administration business of the corporation. Similar to the exclusion, is a matter of fact, it is not clear in the law, but assumes a wide range of circumstances. Art
1683. Not recognizing the president as just cause for revocation, which manifest their co-partners, will retain his position until being removed by court order. The heart of judicial intervention. Art
1684. Having danger in delay, the court may order the removal after the lawsuit started by appointing a provisional administrator partner or partner. Idem. Art
1,685. Removal may be ordered at the request of any of the partners, independent of the deliberations of the majority. This is similar exclusion and presumably also applies to commercial companies, because what matters is that there is a serious cause. Art
1686. The removal of the administrator appointed by the contract entitle the company to any of the partners to dissolve the company, and removed the administrator is responsible for compensation for losses and interest. In partnership gives right to withdraw, not to dissolve. Art
1687. The resignation of the administrator appointed in the partnership agreement, also gives right to any of the partners to dissolve the partnership, and the administrator who resigns without good reason, is liable for compensation for losses and interest. This business is in expected. It is limiting the right of the manager to resign. Art
1688. If the power to manage has been signed by a subsequent convention, or conferred by a provision to the contract early, this can be revoked as a regular mandate, but one or any of the partners can not withdraw it against the will of the greatest number. In these cases when not in the contract is revocable power by majority. Art
1689. The administrator appointed by convention or by the action after the contract, may waive the mandate without liability, with or without just cause to do so. Is reasonable and what applies in general trade. Art
1690. The power to administer is revocable, but had been given by the partnership agreement, when an administrator or administrators appointed were not partners, and the reversal in this case gives no right to demand the dissolution of society. The original administrator, you must be a member, is a requirement for the finality. Art
1691. The extent of the powers of the managing partner, and the kind of acts he is authorized to execute are determined, there being no express provision, as the object of society, and the purpose for which they are engaged. Free interpretation of the extent of his powers, trade is the same, the object sets the limits. Art
1692. When two or more partners have been responsible for the administration, not determined their functions and without having spoken they can not do without each other, each may exercise all administrative actions separately, but any of them may object to the operations of another before they have produced legal effects. May be indistinct as srl and partnerships but that they can be opposed before the events have actually occurred, not mentioned in trade, it is doubtful that you can apply this analogy. Art
1693. In the case of stipulation that one of the managing partners not to act without the other, it needs the cooperation of all for the validity of the acts, without can claim the absence or inability of any of the partners, unless there is imminent danger of serious or irreparable damage to society. This is similar to commercial. Art
1694. The directors of the company is said to be a general term which includes the ordinary business of it, with all its consequences. Ordinary business are those for which the law does not require special powers, and all others be reputed extraordinary. Something like fifty-eight, but referred to the institution's mandate. Perhaps the president here has a greater extent, because few events that require special power. Art
1,695. The general mandate does not allow for innovations on the property social, or modify the order of society, whatever the utility that may result from these changes. This may be different from soc. commercial because some of these items can be fulfilled by the board. Art
1,696. The legal prohibition of interference or conventional partners in the management of the company does not deprive anyone of them examine the state of corporate business, and that purpose requires the presentation of books, documents and papers, and then claims it sees fit. We recognize the right of inspection as well as fifty-five. Art
1697. In the case of special business, the manager or managers of the Company or any of the partners, whether the company was run by all, nothing can be done before granting them special powers. The discussion of such powers shall be by a majority of the members. No special power or manager or associate may act in extraordinary business. In business it is difficult to give a similar situation because the type contains the ingredients that do little as possible so mentioned. Art
1698. Nothing in the preceding article, simply place over administrative acts that have not been banned in the social contract, or the mandate to administer. Acts prohibited by the contract, but may not be exercised by a unanimous vote of the members. This is obvious, what is forbidden in the contract, either in trade can be carried out. Art
1699. However a decision by the majority, any partner may execute differing at their own risk, the act or transaction deprecated and is also to their advantage to obtain profits. This business does not exist, at least in some soc. personalist prevent competition. Art
1,700. The directors of the company, and partners who represent it in any administrative act, have the same obligations and rights with respect to the principal agent, there being in this title otherwise. Apply the rules of office, not from the theory the organ. CHAPTER VI

Obligations of members from society
Art 1,701. The partners are responsible for the eviction of the property they had contributed to society, and vice crippling them. Same. Art
1702. The company has the ownership of property, the partners had given him the property, and when it is dissolved, the partners have no right to demand the restitution of the goods themselves, although they are to be in the social mass. alike. Art
1,703. The assets contributed by the partners are deemed transferred the property to society, if not clearly stating that the partners had transferred only the use or enjoyment of them. Same. Art
1704. Belong to the realm society fungibles benefits and non-expendable deteriorate from use, the movable and immovable property made to be sold on behalf of society, or have been estimated in the social contract, or document that this refers. Same. Art
1,705. The provision of capital, is only of use or enjoyment of it when society compoundeth an equity partner, and other purely industrial. It is not the same in the lsc. Art
1706. If the benefit regardless of the use or enjoyment of property, the partner that would have made them continue to own, and your account total or partial loss of such property, if it was not attributable to the company or any of the partners , and dissolved the company may demand the return of them in the state in which they find themselves. Same. Art
1707. If the benefit is credit society after the transferee is considered tradition of these simply stating that the transfer of the social contract. The supply shall be the nominal value of claims and awards up until the day of the sale, if there is no express agreement that the collection was on behalf of the transferor partner. Having this provision, the provision that the company will actually get paid capital and awards from the receivables. It does not appear in a commercial situation. Art
1708. If the benefit is working or industry, the right of society against the partner that he promised, will be governed by the provisions on the obligations to act. No says the LSC. Art
1709. Industrial partner not paying the promised service, without fault on their part, the company may be dissolved. If the service promised to crash without any fault, the partners will be entitled only to demand a proportional reduction in profits. If no suitable or service because of him, the other partners may dissolve the partnership or continue in it except the industrial partner. Not included this in lsc. Art
1,710. None of the partners may be forced to new benefit if he had not promised in the partnership agreement, although the majority of members required to give greater extension to the business of the same, but if he could not obtain the object of society, without increasing benefits, the partner that consents may be withdrawn, and shall do so if their fellow members require. This means that no right to break every time you require a new service partner, not only new contributions. CHAPTER VII

Rights and obligations of the company towards third
Section 1711. Repútanse third, in relation to society and their partners, not only all persons who were not members but also the same partners in their relations with society, or each other, if not deriving their quality partners or directors of the company. This confirms the difference between society and partners, even materially. Just what is the relationship derived from corporate social contract, in respect to everything else, consider others. Art
1712. Debtors of the debtor company are not partners, and are not entitled to compensation than they should to society with their particular credit against any of the partners, even against the director of the company. Id. Art
1713. Creditors of the company are entitled, at the same time, the partners. If we charged their claims of social goods, the company is not entitled to offset what they ought to have been with what they arose from the partners but these are the directors of the company. If charges of the particular goods of some partners, that partner will be entitled to offset the social debt so that they will debiesen, or what arose from society. This undermines the distinction between members and society, subsidiarity no right to return although, of course. Art
1714. In aid of the creditors on the assets of the company, the creditors of this will be paid in preference to individual creditors of members. In competition on the private property of members, individual creditors and creditors of the company, there is no preference whether creditors were merely personal. This shows that extension is not bankrupt, but a preference for the company's creditors on the creditors of the partners, which is logical. If creditors are members, may go against the soc. any creditor of it. Art
1,715. Debts are only those that society its administrators contracted as such, indicating that quality in any way, or obligations on behalf of society, or society. The principle of contemplatio domini. As in lsc. Art
1716. If in doubt about whether managers have been forced or not on behalf of society, are presumed to be forced into particular name. When in doubt about whether forced or not term limits, presumably by the requirement in term limits. This is not in the lsc. Art
1717. If the debts were incurred on behalf of society, with excess in the office, only and is not endorsed by it, the obligation of the company is only because of the benefit received. It is proof to creditors who obtained the benefit of society. If you pass the object or powers, soc. responds only unjust enrichment. It is not required in principle, similar to what happens in lsc. Art
1718. The above article does not harm the creditors in good faith, for debts incurred on behalf of society over the mandate, or who leaves it, or when any of the partners were deprived of exercise. Let's creditors unless good faith but an excess in the mandate, like the eminently social order parameter that marks the border of bad faith. Art
1719. Presúmese good faith in the creditors, if the excess or the termination of the mandate, or deprivation of exercise, resulting from provisions that could not be known by the creditors, unless it is proved that they had timely knowledge of such stipulations. Guidelines to our mandate, which differ because the limit is lsc goal. Art
1720. In the case of damage caused by managers are applicable to companies the provisions of Title "of legal persons." Emerge as the art. 16, although I do not gain much, this could serve to affirm the personality of the soc. civ.
(Article substituted by Art. 1 ° of Law N ° 17 711 BO 26/04/1968. Valid: from 1 July 1968.) Chapter VIII

Rights and obligations of members among themselves
Section 1721. The partner not supplied to the company the sum of money which has promised, should the interests of her since the day he had to do, but need not judicial questioning. If the service provided consisted in another sort of thing, you must meet the loss or interests. This is similar to simple application lsc
1204 Art 1722 cc. The partner who take money from the cash for own use, should the interests of society since the day it did, and plus interest and losses by that act should come to the society. fifty-four like the first paragraph. Art
1723. The partners have each the right and obligation to manage the company, when they had been appointed administrator. Similar to soc. if the collective contract is silent, everyone can manage. One could consider that if they can, is because even in some cases, they should. Art
1724. Must put in all corporate business the same care, and do the same steps that could be in theirs. No obligation to pay more in social care in their own, but equal. This is remarkable. Art
1725. Every member of society must respond to the damages it was his fault he has caused, and can not offset the benefits to care for their industry or would have provided in other businesses. As fifty-four first and second paragraphs. Art
1726. Partners have each the right and obligation to represent the company when her interests are unfavorable to the manager: when any claim against any of the partners or against third parties and the manager was negligent in the defense of society . In this case they can defend society, and legal remedies that could bring in their own businesses. This does not exist in lsc. Art
1727. The industrial partner must be a society which would have won with the industry put in society. It's like saying you can not compete. Art
1728. When one partner authorized to manage, charge an amount due, which was due especially to a person who owed the company also other amount due, it claimed to be attributed to two credits, in proportion to the amount, but had given the receipt for your particular credit account. But if he had given on behalf of the company's credit, all are charged to it. Cobra is proportionally because treat soc. as himself, is consistent. If given a receipt, you can not then pretend it was for another.
If the debtor to make payment, have been appointed by the member's credit find it more burdensome, the complaint shall be made to that credit. Are general principles, because the debtor pay what you want to pay. Art
1729. The member who has taken part in their whole social credit, he is bound, if the debtor becomes insolvent, to bring social mass as charged, but had given a receipt for only you. It is a rule-like recess, only that limited the recovery of debts, because it seems unfair that a member charged and the other not. Would collect all the same.
Section 1730. Neither partner can be incorporated into a third society, without the consent of their wives, but he can associate himself with the party that the member has in society. It is the principle of unanimity to amend the contract. The association of another in the hand, I do not think that is enforceable against the company. Art
1731. Each member shall be entitled to that society had repaid the sums that advance with knowledge of it, by the obligations for corporate business had collapsed, as well as the losses it had caused. This is logical, are expenses incurred by a third party.
All members are required for this compensation in proportion to their interest social, and part of the insolvent shall cleave in the same way by all. In principle, everyone pays in proportion to their share. But if anyone does not pay, pay back the remaining pro rata part of the insolvent. If only one partner to stay solvent, he would take over all liabilities. That looks like the conclusion. Art
1732. The partners are not entitled to any compensation for their losses, when the management of corporate business has been only one occasion purely accidental. This is a general principle. Art
1733. The partners have to each other the benefit of competition for their debts to society, but not for the debts of each other. Article 799. Benefit of competition is the granting of certain debtors, not being forced to pay more than that could properly, thus leaving the essentials for a modest livelihood, by class and circumstances, and to be returned upon improvement of fortune.
Article 800. The creditor is obliged to grant this benefit: 1 ° A
their descendants or parents not having their offense creditor incurred by any of the classified among the causes of disinheritance;
2 ° A divorced spouse still not his fault;
3 ° His brothers, provided they have not been made to the creditor guilty of an offense as serious as reported as a cause for disinheritance respect of the descendants or ascendants;
4 ° A his associates in the same case, but only in the interactions that arise from the partnership agreement;
5 ° The donor, but only in case of donation promised to meet him;
6 ° The debtor in good faith that made transfer of assets, and is pursued in which later acquired,

Section 1.734. No member may be excluded from society by the other partners, not having just cause to do so. Just lsc. Art
1.735. There will be just cause for the exclusion of any shareholder of the company:
1 ° When the contract against the ban cede their rights to others;
2 ° When not fulfilled any of its obligations to society, whether or not guilt
3 ° When fall upon her disability;
4 ° When we lost the trust of the other partners, insolvency, escape, commission of a crime, misconduct, provocation discord between partners, or other similar circumstances. The mention of specific causes, is unsurpassed in the commercial norm that most efficiently provides a generic causal be assessed in each case. Art
1736. The inability to find the partner failed, not because their exclusion from society, if only industrial partner. This can be considered different from the lsc. Art
1737. The woman who marries partner, no judge is unable, if authorized by her husband to continue in society. This is repealed. Art
1738. Society for a specified period can not be waived by the members without cause. There will be just cause, when the manager she be removed from society, or has resigned his office, and had the right to the exclusion of any partner, and does not wish to exercise that right. This right of resignation of members, even if exclusion or removal or resignation of the administrator, does not exist in lsc. Art
1739. Society for an indefinite period may be waived by any of the partners, provided that the waiver is not in bad faith or untimely. At the time there is lsc undetermined. Unless of fact or irregular, which can be dissolved, unless regularization. Art
1740. The resignation will be in bad faith when it is done with the intention to use only some benefit or advantage that would belong to society. Be untimely, it is done in time which is not yet consummated the business, which makes the object of the society. This is common law's own mandate and contractual matters in general. Art
1741. The resignation made in bad faith, is no relation to members. What he gains in the quitter has been in business looking to quit, belongs to society, but if it lost, the loss of one account. The who resigns unexpectedly, damages must meet the resignation causes to society. This is also the common law itself, but the nullity is specific to the case of resignation in bad faith. Art
1742. Exclusion or waiver of any of the partners, will be the following effects: 1,
As business concluded, the outgoing member resigns or only part of the gains made to date the exclusion or resignation, is equal because it says later in the next section.
2 ° In terms of pending business, the company will continue with the outgoing member resigns or until the termination of business, is equal
3 ° With regard to debt liabilities of the company until the day of the exclusion or resignation, the creditors will retain their rights against the outgoing member or resigning just as against the members who continued in society, even if they have taken be responsible for full payment, unless it expressly and in writing, exempt the excluded partner or resigning are not talking here of registration and in the lsc that's the big difference here is necessary to prove against third exclusion or resignation. No easy task.
4 ° With regard to debt liabilities of the company, after the exclusion or resignation, the creditors are only entitled to the partners should continue in society, and not against the outgoing member or resigns, unless they had signed without knowing the exclusion or waiver, id. But if hired without knowing of exclusion, what would blame the excluded or resigning has no means to publish anything? 5 °
Exclusion or waived without prejudice to creditors for debts later, and others in general, if not published, or otherwise did not have sufficient exclusion or resignation. It seems that a publication is encouraged, what would it be? CHAPTER IX
Rights and obligations of partners to third
Section 1743. The partners, in terms of its obligations to third parties be treated as if society did not exist between them. Its membership can not Serles opposed by others, or be invoked by them against third parties. Their responsibility is straightforward in this case, of course, is personal debt. Art
1744. The obligations of the partners in his personal name, not given to third parties that have contracted with them, no direct action against the other partners, although the outcome of those obligations has become useful for them. This is rule of law. Art
1,745. If the obligation is indivisible, each partner is responsible for the entire debt. This is when the debts were of society. Art
1746. A partner can not but declare to contract on behalf of the company, forcing its co-partners for third, but in virtue and express the limits of power or alleged that he had received, or may be deemed to have received to that effect. This is part of the mandate as well. Art
1747. The partners are jointly and severally liable for corporate debts, if not expressly stipulated as well. Obligations contracted by the partners together, or one of them, under a power sufficient to make each of the partners responsible for a portion virile, and only in this ratio, although the parties are unequal society, and although the partnership agreement has been stipulated payment for unequal shares, and although it is proved that the creditor knew that stipulation. Solidarity refuses unless expressly agreed. This is a substantial difference. Always pays for a male portion, although it has been agreed otherwise, and although the carbine know. This standard is remarkable, inexplicable otherwise. Art
1748. None of the partners, not to take the administration of society, or not represented in the cases previously designated or have not been specifically authorized by you administer is entitled to collect the receivables from the company, and sue debtors it. Obviously, the mandate itself. Art
1749. Debtors of the company will not be careless if they paid to the partner that was not authorized to receive payment, but only paid him his part in the debt. Obviously, the underpaid paying twice. Art
1,750. When the debt liabilities of the company were recovered from private property of members, payment will be divided among them equally, without which creditors are entitled to be paid otherwise, or obligation to receive payment from another mode. This is consistent with art. always saying that everyone pays their share manly. Art
1751. If any partner fails to pay, insolvency, the share or shares in the social debt, observe the provisions of Article 1731. This implies that the latter pay to the last penny if others are insolvent. Art
1752. If members had paid the debts of the entire society, or equal or unequal shares, the division between them is made in proportion to the society, or the party to participate in the profits and losses. What would have paid any more will be compensated by others. This is for the reinstatement action, it follows that the claim is proportionate to the party that had paid. If you had paid fifty percent and paid it all, could only claim the other fifty percent or the percentage who had agreed to participate in the profits and bear the losses. Art
1753. The provisions of previous articles payment of the debts of the partnership by the partners shall only take place with regard to creditors who were not members. Passive debts to society for their partners, not derived from the quality of partners, will be paid by them in proportion to their benefit in society, supporting the socio creditor, the amount you cupiere. Is obvious. Art
1754. The creditors of the members only will be entitled to collect debts from the assets of the partner's provision, the debtor, when the company had not acquired control of such property, or other real rights over them. If it happened to social equity, can not claim to partner, this is what you mean, I think. Art
1755. If the company has acquired the ownership of the property on which the previous Article, creditors may charge partner's debts, the earnings that the annual accounts and intermediaries partner demonstrations in favor of the debtor, if he was entitled to withdraw from society. It is obvious, the debtor partner's profits are seized by private creditors. Art
1756. May also impose any quota that may be available to the debtor in the partition member of society, but by seizing or finish or award of any fee that may be applicable to the partner does not acquire the right to embarrass in any way the operations of society may have nothing of it, but after its dissolution and partition. Also obvious. Art
1757. These provisions of the creditors of the partners take place, no difference in respect of members who were private creditors from each other, and for the creditors of another company that is a partner any partner with others. Obvious.
CHAPTER X On the dissolution of the company
Section 1758. The society is dissolved, if two people, the death of one of them, but not if it consists of many partners. Just Art lsc
1759. The company demanding it can dissolve any of the partners, if you die the administrator appointed by the contract, or the partner who puts your industry, or any of the partners who had such importance, that their lack doeth likely that society can not continue successfully. This ground is not in the lsc. Art
1760. Continuing the company after the death of any partner, the partition with his heirs shall fix the date of death of partner, and his heirs did not participate further rights and obligations but as soon as a necessary consequence of operations filed before the death of the partner to whom they happen. This is logical because the heirs are not society, then when you die it's all over and shooting the company's assets at that time. Art
1761. The same was observed even when it has been agreed in the social contract that the company would continue with the heirs, unless they and the other partners agreed to continue the partnership between them. The convention to continue was not enforceable against the heirs or associates, but when there is agreement. Art
1762. The unfinished business of the company will continue with the heirs of the dead partner. Obvious. Art
1763. Managers ignoring the death of a partner, the operations done are binding the heirs of the deceased partner. It's good to be said, because it clarifies. Art
1764. The partnership ended with the lapse of time for which it was formed, or upon the condition was subordinated to its duration, although not completed the business which was intended. Just lsc. Art
1765. Vale as an explicit term implied term of limited duration. This exists when a work is agreed, for example. Art
1766. After the term by which society was formed, can proceed without a new act in writing and can be proved by known facts external action. This does not exist in lsc where dissolved due and to continue to have to extend or renew. Art
1767. The company contracted for unlimited term concludes when required by any of the partners, and do not want the others to continue in society. Nor is this. Art
1768. With respect to third parties within society uncertain judge concluded only when the solution was published, or give notice of dissolution to persons engaged in business with the company. Where it is published, it is not known. Art
1769. The company may be dissolved by the departure of any partner under exclusion from society, resignation, abandonment of fact, or supervening incapacity. This does not exist in this way. Art
1,770. Coming up to them unable to any partner, your representative is not entitled to demand the dissolution of the company, or to renounce it, or to continue it, if it had not been expressly authorized by judge. In lsc in principle it is not. Would have to see if you can not ask for their exclusion, this is not as easy to define
Section 1771. The company concluded by the total capital loss, or loss of a part of it, which incapacitated, get the item for which it was formed. Same. Art
1772. The company also concluded the loss of property or the use of the thing that was the substance with which he acted, or missed a major part of society so could not complete without it the purpose for which it was formed. like the latter, the first, relates to the impossibility of fulfilling the order. Art
1773. Absence of the provision one of the members for any cause, the company will be dissolved if all other members not wishing to continue it, excluding the partner who left to make the provision that had been bound. By unanimous agreement, obviously, but in this case say he stopped making feature, you can say that is a lie. . Art
1774. The company is dissolved when a ground which has its origin in the members, or other external causes such as war, could not continue the business for which it was formed. It's a case of impossibility. Art
1775. The society is dissolved by decree of dissolution, last on res judicata. This is obvious. Just in lsc. Art
1776. The sentence to declare the dissolution of the society, will be backdated to the day that took place because of the dissolution. This is the same in lsc. CHAPTER XI

of the liquidation of the company, and the partition of social goods
Section 1777. In the liquidation of the company will be observed the provisions of the Commercial Code on the liquidation of commercial companies. We are in the same regime. Art
1778. Gains and losses are shared according to the agreement. If only been agreed for each part of the profits, equal its share of losses. In the absence of agreement, each partner in profits and losses will be in proportion to what he has brought to society. This is the same. Art
1779. If the industrial partner had been bound as the other partners to split the profits or losses, it means that your loss is only placed the industry. alike. Art
1780. If they were two or more partners, which would put equally in society, the industrial partner in profit, equal to that of other partners, if not otherwise agreed. This is similar. Art
1781. If the provision of equity partners were unequal parts, the industrial partner's earnings shall be determined by arbitrators, unless the partners agreed to report them. Section 1782. If the industrial partner would also as capital, and the contribution it was below where it would put financial backers, the division shall be made in equal shares. Idem. Art
1783. If the value of capital made by the industrial partner was less than they had put the equity partners, the division shall be in proportion to the amount of capital, adding to the industrial partner's capital, an amount equal to the partner's capital or donors. Idem. Art
1,784. If they were unequal values \u200b\u200bplaced by financial backers, and the industrial partner's capital is not less than the lesser of the capital of financial backers, the division will be adding to the industrial partner's capital, an average value between the capitals of the donors. Article 144. ls. The contract should identify the industrial partner in social benefits. When not available shall be fixed judicially. Art
1785. If all were industrial partners, and had also put capital, the division will be equally, whether or not the funds made equal. No provision in the ls case. just says: Section 145. Article 139 is applicable to the company, computed for the purpose of voting as the capital of the capitalist industrial partner with less input. Art

1786. Where the provision of the partners had been of movable or immovable property to be sold on behalf of society should be entitled to receive the price at which the thing was sold. Had it not been sold by the company shall be entitled to receive the price of the thing so it was worth the time when delivered to society. This is questionable because it may be worth more at the time of liquidation. LSC is different from and in addition, they receive is not what brought the price but the value of the part. The writing is terrible. Art
1787. If the movable or root was estimated in the social contract, is entitled to the designated price, worth more or less, while the dissolution of society. Does not exist in lsc. Art
1788. In the division of society will be noted all that is applicable, the provisions of Book IV of this Code, the division of inheritance, there being, in this title otherwise provided. Not only applies the system of settlement of soc. com. but the division of inheritance. Art
bis 1788. In the partial liquidation of the company on death or retirement of any partner, the deceased or outgoing partner will be determined, unless otherwise stipulated in the social contract, computing the actual values \u200b\u200bof assets and goodwill, if applicable. This is very good and highly commendable.
(Section inserted by Clause 1 of Law No. 17,711 BO 26/4/1.