The commercial registrar cannot reject bylaws that assign dividends to the pledgee during pledge execution
07 Aug 202681 views
Who is affected:
Capital companies, pledgees, commercial registrars and corporate financing advisors
Summary
The DGSJFP resolves an appeal on whether it is valid to include in bylaws that the pledgee receives dividends when pledge execution of shares begins.
Detailed analysis
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The Dirección General de Seguridad Jurídica y Fe Pública analyzes the appeal filed by Aldigavia SAU against the refusal of the Commercial Registrar XIII of Madrid to register a bylaw article that assigned to the pledgee the economic rights of the shareholder during pledge execution. The registrar argued that such assig…
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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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