The registrar cannot reject bylaws that grant economic rights to the pledgee of shares during pledge execution
07 Aug 202631 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
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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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