Understanding Limited Liability Companies (SRL) in Argentina
Liquidation of Commercial Companies
Once a commercial company is dissolved, it begins the last stage of its life. It proceeds to sell the assets constituting its capital, cancels debts, and distributes the remainder among the partners in proportion to their capital. This process is called liquidation.
Regular, Irregular, and De Facto Companies
The principle of legality provides the basis for the organization and operation of each type of company. To be considered a regular commercial company, it must
Read MoreUnderstanding Simulation in Legal Acts and Contracts
Item 12: Action for Simulation
Definition
Simulation occurs when parties carry out an act or contract that appears valid but is completely or partially fictitious. It is either nullified or modified by another secret agreement, which reflects the true intention of the parties. Simulation involves two acts or agreements: one that is apparent or simulated, and another that is real but kept secret by the parties.
Classes
Absolute Simulation
Absolute simulation occurs when there is no actual overt act because
Read MoreUnderstanding Joinder of Actions and Disciplinary Dismissal in Labor Law
Joinder of Actions in Labor Proceedings
Among these actions, there is a link because the title or cause of action is identical to or connected when the action is based on the same facts. The effect of joinder is that these are exercised together, and the plurality of claims are examined in the same procedure and decided on a single statement, which contains many statements and claims made in the process (which does not mean that accumulated claims lose their individuality). With the accumulation
Read MoreTermination of Administrative Responsibility in Public Service
Termination of Administrative Responsibility
The extinction of administrative responsibility may be caused by:
- Death: If the penalty was a fine and is pending, it has no effect.
- Cessation of functions: In this case, even if the official involved ceases to belong to the institution’s records, the process must take its course to completion. If punishment is warranted, the Comptroller General of the Republic (CGR) should be informed.
- Failure of functions.
- Prescription of disciplinary action: Liability is
Key Political Statements and Constitutions in Mexican History
The Constitution of Apatzingán (1814)
The Constitution of Apatzingán was based on the same principles as the Cadiz Constitution but was somewhat modified. Unlike the Spanish Constitution, the Apatzingán Constitution foresaw the establishment of a republican system of government. It not only defended the principle of popular sovereignty but also the right of the people to change their government at will.
The Ayutla Plan (1854)
The Ayutla Plan was a political statement proclaimed by Florencio Villarreal,
Read MoreLabor Law: Rights, Regulations, and Key Principles
Key Aspects of Labor Law
1. Voluntary Labor Requirements
- **Voluntariness:** Labor must be performed willingly by individuals.
- **Self-reliance:** Individuals are responsible for their own work.
- **Excluded Activities:** Activities without remuneration are not considered labor.
2. Labor Rights of “Public Officials”
This category includes:
- Individuals performing mandatory personal services.
- Sports councilors.
- Members of a society’s administrative body.
- Commission agents.
3. Special Labor Relations
Certain professions
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