Abstract

Th e question of payment of remuneration for redeemed shares in a limited liability company is highly controversial. In particular, the doubts pertain to cases when the remuneration fi nanced by reduction of the share capital is to be paid out before the reduction is registered. Th is article discusses – among other things - the admissibility of providing non-cash remuneration for redeemed shares, eff ecting payment before the reduction is registered, as well as legal consequences of such gain by a partner.