Corporate & Business BOE Importance: 5/10

The commercial registrar must register statutory clauses that attribute rights to the pledgee creditor during pledge execution

07 Aug 2026 26 views
Who is affected:
Capital companies, pledgee creditors and commercial registrars

Summary

The DGSJ resolves a dispute on whether it is valid to include in bylaws that the pledgee creditor receives shareholder rights when executing the pledge. The legality of this clause in capital companies is analyzed.

Detailed analysis PRO

The Dirección General de Seguridad Jurídica y Fe Pública resolves the appeal filed by several subsidiaries of Gop Properties Socimi against the refusal of the Commercial Registrar XIII of Madrid to register a bylaw amendment. The rejected article attributed to the pledgee creditor the rights of shareholder from the not…

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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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