Abstract
Ödön Kuncz’s proposal was adopted by the Hungarian Parliament in the form of Act V of 1930, as the reception of the limited liability company into Hungarian company law. The concept of Kuncz was based on criticism of the earlier bills of Dávid Pap and Géza Bozóky, and the experiences of jurisdictions that had already been adopted the German GmbH model, and it was in line with the needs of domestic business practice. This study analyses the reception of legal institution of limited liability company into Hungarian law and its medium-term effects based on the concept drawn up by Kuncz.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
