"Dead Souls" or Lost Shareholders in the Register: A Modern Classic

This article analyzes draft legislation being considered by the State Duma of the Russian Federation that would allow temporary suspension of certain shareholder rights for those who have not participated in company management for extended periods. The authors also critically examine emerging court practices that grant joint-stock companies the right to repurchase shares belonging to such shareholders. Additionally, the article explores potential mechanisms for resolving the "lost shareholders" issue while maintaining balance between company interests and affected shareholders.