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Companies Act 19,550 · Article 15 — Judicial procedure

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.

Source: Act 19,550

What article 15

Section 15 establishes the type of proceeding applicable to corporate judicial actions unless otherwise provided.

Official text · Act 19,550, art. 15

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.

This page is informational and does not constitute legal advice nor replace professional consultation. It quotes the official text of the rule; for its application to a specific case, consult a licensed professional.

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