The Concept and Essence of a "Major Transaction" in Corporate Law

Kamalova, Gulnoza, Камалова, Гулноза, Камалова, Гулноза

Жамият ва инновациялар / Общество и инновации / Society and innovations · 2025-yil

Annotatsiya

This article examines the concept and legal nature of “major transactions” in the corporate law of the Republic of Uzbekistan. It analyses Articles 83–84 of the Law On Joint-Stock Companies and Protection of Shareholders’ Rights and Article 44 of the Law On Limited Liability Companies, which set the procedures for concluding and approving major transactions. The paper highlights the dual character of major transactions—as instruments of both civil and corporate law—and their role in promoting transparency, accountability, and protection of shareholders’ property interests. It identifies key enforcement problems: absence of clear criteria for identifying interrelated transactions, inconsistent terminology and valuation practices, lack of mandatory independent appraisals for LLCs, and divergent interpretations of what constitutes a major transaction. To address these gaps the study proposes unifying definitions, codifying the notion of interrelated transactions (with clear objective criteria), standardising valuation methods, introducing mandatory independent appraisal for certain LLC deals, and establishing public disclosure mechanisms through the Capital Market Development Agency.

Maqola ma’lumotlari
MualliflarKamalova, Gulnoza, Камалова, Гулноза, Камалова, Гулноза
JurnalЖамият ва инновациялар / Общество и инновации / Society and innovations
NashriyotIn Science МЧЖ
ISSN2181-1415
Nashr sanasi2025-11-25
Jild6
Son11/S
Betlar17-25
TilIngliz
Ilmiy sohaYuridik
DOI10.47689/2181-1415-vol6-iss11/s-pp17-25
Indeksga qo‘shilgan2026-08-26

DOI: 10.47689/2181-1415-vol6-iss11/s-pp17-25 · Maqolaning asl sahifasi

Kalit so‘zlar

корпоративное право, акционерное общество, общество с ограниченной ответственностью, крупная сделка, одобрение сделки, корпоративный контроль, правовое регулирование, corporate law, joint-stock company, limited liability company, major transaction, approval of transactions, corporate control, legal regulation, корпоратив ҳуқуқ, акциядорлик жамияти, масъулияти чекланган жамият, йирик битим, битимни тасдиқлаш, корпоратив назорат, ҳуқуқий тартибга солиш

Ilmiy soha

Yuridik

Iqtibos keltirish

APAKamalova, Gulnoza, Камалова, Гулноза, & Камалова, Гулноза (2025). The Concept and Essence of a "Major Transaction" in Corporate Law. Жамият ва инновациялар / Общество и инновации / Society and innovations, 6(11/S), 17-25. https://doi.org/10.47689/2181-1415-vol6-iss11/s-pp17-25
GOST (OAK)Kamalova, Gulnoza, Камалова, Гулноза, Камалова, Гулноза The Concept and Essence of a "Major Transaction" in Corporate Law // Жамият ва инновациялар / Общество и инновации / Society and innovations. – 2025. – T. 6, № 11/S. – P. 17-25. – DOI: 10.47689/2181-1415-vol6-iss11/s-pp17-25.
MLAKamalova, Gulnoza, Камалова, Гулноза, and Камалова, Гулноза. “The Concept and Essence of a "Major Transaction" in Corporate Law.” Жамият ва инновациялар / Общество и инновации / Society and innovations, 6(11/S), 17-25, 2025. https://doi.org/10.47689/2181-1415-vol6-iss11/s-pp17-25
ChicagoKamalova, Gulnoza, Камалова, Гулноза, and Камалова, Гулноза. “The Concept and Essence of a "Major Transaction" in Corporate Law.” Жамият ва инновациялар / Общество и инновации / Society and innovations, 6(11/S), 17-25 (2025). https://doi.org/10.47689/2181-1415-vol6-iss11/s-pp17-25
HarvardKamalova, Gulnoza, Камалова, Гулноза, and Камалова, Гулноза (2025) ‘The Concept and Essence of a "Major Transaction" in Corporate Law’, Жамият ва инновациялар / Общество и инновации / Society and innovations, 6(11/S), 17-25. https://doi.org/10.47689/2181-1415-vol6-iss11/s-pp17-25
BibTeX
@article{kamalovagulnoza2025,
  title = {The Concept and Essence of a "Major Transaction" in Corporate Law},
  author = {Kamalova, Gulnoza and Камалова, Гулноза and Камалова, Гулноза},
  journal = {Жамият ва инновациялар / Общество и инновации / Society and innovations},
  year = {2025},
  volume = {6},
  number = {11/S},
  pages = {17-25},
  doi = {10.47689/2181-1415-vol6-iss11/s-pp17-25},
  url = {https://doi.org/10.47689/2181-1415-vol6-iss11/s-pp17-25}
}

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