Challenging the valuation of a contribution (LGS art. 52)
Article 52 of the General Companies Law allows an affected member to challenge the valuation of the contribution on stated grounds, in a single instance, within the fifth business day after notice.
What article 52
Article 52 establishes the procedure for a member to challenge the valuation of that member's contribution.
A member affected by the valuation may challenge it on stated grounds, in a single instance, within the fifth business day after notification, and the registration judge shall decide after hearing the experts who participated in the valuation.
Source: Law 19,550, art. 52 - InfoLEG (updated official text)
Commentary
This is the remedy for a member who considers the contribution to have been incorrectly valued: a short five-day period, a single judicial instance, and a decision by the registration judge after hearing the participating experts. It complements articles 51 and 53.
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