They consider it lawful for anyone to assume the status

Explore workouts, and achieving AB Data
Post Reply
mahbubamim077
Posts: 235
Joined: Tue Jan 07, 2025 4:20 am

They consider it lawful for anyone to assume the status

Post by mahbubamim077 »

There is much talk about affectio societatis , one of the most vexing issues involving Corporate Law. The approaches to the issue are varied, which can be seen in both doctrine and case law. In Latin, the word affectus has, among its meanings, the idea of ​​affection , to do something in a way that is appropriate for something; to be its own, as a result. “The formation of a company requires commitment from its partners, not only to comply with the agreed clauses, but also behavior compatible with the constitution of a collective with economic objectives. This demands attention to the set of legal principles applicable to Corporate Law.” ( Corporate Law . 14th ed. Atlas, 2022, p. 79)

This is an essential, elementary question: anyone in a bulk sms cyprus company must behave in a way that is consistent with the idea/concept of a company. From the opposite perspective, one cannot use one's status as a partner to work against the social collective: the other partners and/or the legal entity. There are those, both in the market and in legal theory and practice, who accept the opposite. They consider it lawful for anyone to assume the status of partner and, once within the corporation, act exclusively guided by their interests and goals, even if this implies harm to the other partners and/or the company itself (the legal entity).

We believe that there is a contradiction in this that works against the very idea of ​​forming a group, a collective, with a common corporate purpose. Companies were not designed for this, they did not arise with this purpose, and they do not conform to this understanding. This interpretation is inconsistent with the concept and, therefore, is not sustainable. As if that were not enough, it violates principles of Modern Private Law, namely ethics (good faith), morality (probity) and sociality (social function).
Post Reply