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ICCJ_226625 AI generated

Temporal applicability of share transfer restrictions in SME stimulus grants; appeal in interest of the law admitted and mandatory legal interpretation established

Case Number ICCJ_226625
Court / Authority
Jurisdiction Romania (RO)
Decision Date
Outcome Allowed / Granted
Open official source Machine-readable Markdown (.md)

Legislator summary

AI generated

The High Court of Cassation and Justice admitted the appeal in the interest of the law filed by the Presiding Council of the Alba Iulia Court of Appeal, establishing a binding legal interpretation that applies to cases involving the alienation of social parts. The dispute centered on the temporal applicability of the prohibition against transferring ownership shares in companies created under the government stimulus program for small and medium-sized enterprises. The Court ruled that the restrictive provisions of Article 61 of Emergency Government Ordinance No. 10/2017, as amended and completed by Law No. 218/2020, apply to any alienation of social parts occurring after the entry into force of the relevant article, regardless of whether the original financing agreement was concluded before the amendment.

Legislator headnote

AI generated

art. 517 alin. (4) din Codul de procedură civilă; Temporal applicability of share transfer restrictions in SME stimulus grants; appeal in interest of the law admitted and mandatory legal interpretation established: The dispute centered on the temporal applicability of the prohibition against transferring ownership shares in companies created under the government stimulus program for small and medium-sized enterprises. The Court ruled that the restrictive provisions of Article 61 of Emergency Government Ordinance No. 10/2017, as amended and completed by Law No. 218/2020, apply to any alienation of social parts occurring after the entry into force of the relevant article, regardless of whether the original financing agreement was concluded before the amendment.

Keywords

AI generated
emergency government ordinance transfer of shares interpretation of the law company agreement entry into force application of laws

Cited Legislation

AI generated
art. 517 alin. (4) din Codul de procedură civilă
Procedural basis establishing the mandatory nature of the court's ruling in the appeal in the interest of the law.
AI generated
ICCJ_192815
Temporal applicability of amended emergency financial support provisions to pending judicial proceedings
ICCJ_228162
Share-transfer ban in state aid scheme applies to post-2020 transfers, retroactivity claim rejected.
Decizia nr. 1552/2008
Cassation appeal dismissed upholding statutory restriction on share transfer in closed-type company
ICCJ_198107
Temporal application of legislative amendments restricting risk allowance eligibility in pending civil proceedings: prohibition of retroactive effect on accrued rights
Decizia nr. 362/2007
Prescription of challenge to corporate share transfer: application of three-month limitation period in OUG 88/1997 to third-party shareholders

Key legal questions extracted by Legislator

AI generated
art. 517 alin. (4) din Codul de procedură civilă

Procedural basis establishing the mandatory nature of the court's ruling in the appeal in the interest of the law.

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Full text

ROMÂNIA

ÎNALTA CURTE DE CASAŢIE ŞI JUSTIŢIE

Completul pentru soluţionarea recursului în interesul legii

Minuta deciziei nr. 7 Dosar nr. 443/1/2025

Ședința de la 26 mai 2025

ÎN NUMELE LEGII

DECIDE:

Admite recursul în interesul legii formulat de Colegiul de conducere al Curţii de Apel Alba Iulia şi, în consecinţă, stabileşte că:

Dispoziţiile art. 61 din Ordonanţa de urgenţă a Guvernului nr. 10/2017 pentru stimularea înființării de noi întreprinderi mici şi mijlocii, astfel cum a fost modificată şi completată prin Legea nr. 218/2020, sunt aplicabile în cazul înstrăinărilor de părţi sociale intervenite după intrarea în vigoare a acestui articol, chiar dacă acordul de finanţare a fost încheiat anterior.

Obligatorie, potrivit dispoziţiilor art. 517 alin. (4) din Codul de procedură civilă.

Pronunţată în şedinţă publică astăzi, 26 mai 2025.