Abolition of the commercial code of Ukraine: potential consequences and necessary prerequisites

Comparison of the provisions of the Commercial Code of Ukraine with certain provisions of the Civil Code. Substantiation of the possibility of repealing the norms of the Commercial Code due to their minimal regulatory impact on business relations.

Рубрика Государство и право
Вид статья
Язык английский
Дата добавления 16.06.2022
Размер файла 51,4 K

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Conclusions

The analysis of the provisions of the Commercial Code of Ukraine, its comparison with certain provisions of the Civil Code of Ukraine, individual laws and other regulations gives grounds to conclude that most of the rules of the Commercial Code of Ukraine are referential or blanket, and therefore have minimal regulatory impact and, as a rule, duplicate the provisions enshrined in other regulations. In such circumstances, to simplify the legal regulation of entrepreneurial activity, as well as in view of the obligations of our country (in particular, to bring the Ukrainian legislation in conformity with the legislation of the EU countries in legislation on the establishment and activity of companies, corporate governance, protection of shareholders' rights, lenders and other stakeholders on the further development of corporate governance policies in line with international standards, as well as the progressive approximation with rules and recommendations of the EU in this area), feasibility of the abolition of the Commercial Code of Ukraine raises no doubts.

Finally, it can be stated that the dispute of civilists with economic executives has long been resolved in favour of freedom by life itself in the post-Soviet space and by the experience of all countries with market economy. Therefore, any revival of economic executives, wherever it takes place, should always be regarded as an attack on freedom. The modern school of business law, with the help of the Commercial Code of Ukraine, seeks to narrow the freedom, the field of private law... It must be clearly understood that the concept of business law is a legal instrument of neo-totalitarianism.

References

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