Corporate & Business BOE Importance: 5/10

The registrar must register statutory clauses attributing economic rights to the pledgee upon execution of share pledge

07 Aug 2026 37 views
Who is affected:
Capital companies with financing secured by pledge of social participations

Summary

The DGSJFP resolves a dispute on whether it is valid to include in the bylaws of an SL that the pledgee receives economic rights when executing the pledge of participations.

Detailed analysis PRO

The Dirección General de Seguridad Jurídica y Fe Pública analyzes the appeal filed by El Arce de Villalba SLU against the refusal of the Registrador Mercantil XIII de Madrid to register a statutory article attributing to the pledgee the rights of partner upon initiation of pledge execution. The registrar argued unjust …

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Full official title

Resolución de 28 de abril de 2026, de la Dirección General de Seguridad Jurídica y Fe Pública, en el recurso interpuesto contra la nota de calificación extendida por el registrador mercantil XIII de Madrid, por la que se rechaza la inscripción de modificación de determinado artículo estatutario.

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