Judicial act: Resolution of the Arbitration Court of the Urals District of February 15, 2022 in case No. A60-72767 / 2019
1. The current legislation assumes an active position of the participant of the company in relation to the activities of the company.
2. Based on the principles of good faith and prudence in the implementation of investment activities, a participant who owns a share in the authorized capital of a company has an expected desire to show interest in the fate of his investments, that is, to obtain information about the activities of the company, verify the legality of decisions made, control the income due (dividends ) etc.
3. Any reasonable member of the company who does not receive invitations to general meetings of members, including annual ones, in a similar situation, could not help but be concerned about this, since the financial interest of such a person was directly affected.
4. The courts, pointing out that since the plaintiff did not show due diligence, reasonableness and diligence for ten years when exercising his rights as a participant in a business company, they came to the conclusion that it is the plaintiff who should bear the risk of adverse consequences.
5. Galimov M.K., who filed a claim only on December 21, 2019, missed the limitation period for the stated claims, there are no grounds for calculating this period from October 2019, contrary to the arguments of the plaintiff.
1. The Supreme Court in its decisions noted that the participants of a business company are not obliged to receive information from the Unified State Register of Legal Entities about their own company, and the presence of an entry in the register does not in itself indicate that the plaintiff is aware of a violation of the right.
2. This is true, since the reverse approach would mean that everyone is obliged to constantly “monitor” the status of their assets, which would lead to instability in civil circulation and nervousness of subjects about their property. The reverse approach would indicate that the members of the society would be obliged to constantly check information about the society itself, can be assessed as an overestimation of the standard of required behavior.
3. Therefore, the analysis by the court of the typical behavior of a company participant, and linking the calculation of the limitation period to the minimum exercise of the rights of the participant - for example, participation in the annual meeting, and not to the date of amendments to the Unified State Register of Legal Entities - is correct and more focused on the principles of good faith and prudence when implementation of investment activities
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