Limitations of shareholders' Rights through reducing the issue to an absurdity

The authors analyze the changes introduced to the law 'On Joint-Stock Societies' which deal with the interrelations between the shareholders in connection with the blocks of shares' concentration. The correspondence of these changes to the basics of civil legislation is in the focus of the authors' attention. The conclusion has been made that because of their imperfection the newly adopted regulations introduce unreasonable limitations of the minority shareholders' rights as well as the impairment of the principal shareholders' rights which does not correlate with Article 1 of the Civil Code of the Russian Federation.