Abstract

The article is aimed at evaluating the procedure of voluntary redemption of a partner's shares in a limited liability company, when remuneration for the redeemed shares is to be paid out from net profit or redemption is carried out without remuneration. According to Artr. 199 § 1 of the Commercial Companies Code, voluntary redemption is carried out with the consent of a partner by way of acquisition of shares by the company. The meaning of this provision is not unambiguous. The Code does not explicitly indicate the order of actions under the discussed procedure. The lack of a detailed regulation justifies preparation of this practical study.