The registrar cannot reject bylaws that grant economic rights to the pledgee of shares during pledge execution
07 Aug 202677 views
Who is affected:
Capital companies, pledgees of shares and commercial registrars
Summary
The DGSJFP resolves a matter on whether bylaws of a company can grant economic rights to the pledgee of shares during execution. The validity of antichretic pledge in capital companies is analyzed.
Detailed analysis
PRO
The Dirección General de Seguridad Jurídica y Fe Pública resolves the appeal filed by Ortega y Gasset Park SAU against the refusal of the Registrador Mercantil XIII of Madrid to register a bylaw article that granted the pledgee shareholder rights from the beginning of pledge execution. The registrar argued that such at…
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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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