On Compliance of Section 142(2) and Section 284(2) of Commercial Law with Article 1 and Article 105 of the Satversme of the Republic of Latvia
Years
2008
Stages of the proceedings
Adjudicated
Outcome of the proceedings
Judgement
Type of the proceedings
Written procedure
Applicant
Person
Applicant: SIA "Itera Latvija"
Date of the judgment: 04.02.2009.
Official publication: 06.02.2009.

On Compliance of Section 142(2) and Section 284(2) of Commercial Law with Article 1 and Article 105 of the Satversme of the Republic of Latvia

Constitutional Court helds that the second part of Section 284 of the Commercial Law in the wording that was valid before 21 January 2009 insofar as it prohibited establishing, in articles of association of a company, a larger number of votes necessary for adoption of important decisions regarding the stock company "Latvijas Gāze" does not comply with Article 105 of the Satversme of the Republic of Latvia from the moment of adoption of this norm.