Spodyrev, R.N. Legal nature of the contract on transfer of powers of the sole executive body of the limited liability company to an executive manager.

Abstract: The article provides legal analysis of one of the types of provisions for the transfer of powers of the sole executive body in the LLC to an executive management – that is, by the contract for the transfer of powers. Due to lack of detailed regulation of such an order in the Russian legal doctrine, it is quite important to establish the order of this procedure and its documentary implementation. This is especially necessary for the LLCs, which possess the large capital, as well as holdings and trusts. While the LLCs wish to involve the qualifi ed professionals and make management of the LLC more effi cient, the trusts and holdings wish to centralize management of the companies, which are included into a holding or a trust. Both types of companies may face a number of diffi culties, which are due to the lack of legal regulation. This article includes legal analysis and conclusions on the necessary elements for a contract between a legal entity, which transfers the powers of its sole executive body and an executive manager.

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