Companies Act 19,550 · Article 306 — Appeal of the controlling authority's resolutions
Appeal of the controlling authority's decisions (art. 306 LGS)
Article 306 of the General Companies Law makes the controlling authority's resolutions appealable before the commercial court.
What article 306
Article 306 governs the appeal of the controlling authority's resolutions.
Official text · Act 19,550, art. 306
The resolutions of the controlling authority are appealable before the court of appeals with jurisdiction in commercial matters.
Source: Law 19,550, art. 306 — InfoLEG (updated official text)
Commentary
It guarantees judicial review of the agency's decisions: the company or those penalized may bring the matter before the judges. It is due process in the face of administrative power.
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