Which judicial procedure applies in corporate matters (LGS art. 15)
Section 15 of the General Companies Law establishes the default procedure for judicial actions authorized by the Law: the summary procedure, unless another procedure is specified.
What article 15
Section 15 establishes the type of proceeding applicable to corporate judicial actions unless otherwise provided.
Whenever the Law provides for or authorizes the bringing of judicial proceedings, the action shall be heard under summary procedure unless another procedure is specified.
Source: Law 19,550, art. 15 - InfoLEG (updated official text)
Commentary
The provision seeks to expedite corporate disputes by directing them to the fastest track available under the applicable procedural code, unless the Law itself requires another route (for example, the very summary procedure for cure under article 25). It affects the procedural strategy of every corporate dispute.
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