Annotation

The article considers a corporate contract as a means of limiting the corporate rights of participants in business entities. The limits within which it is possible to impose restrictions on the relevant corporate rights are analyzed, taking into account compliance with the requirements of mandatory legislation, the principle of freedom of contract, as well as the possibility of termination of such restrictions after a certain period or upon the occurrence of circumstances (conditions) stipulated in the corporate agreement. Special attention is paid to the right of the participants to manage the business company, as well as to the limitation of the participants' ability to manage their shares in the authorized capital of the business company. It is shown that a complete refusal to exercise corporate rights contradicts the current legislation, however, temporary and proportionate restrictions stipulated in the corporate agreement are permissible provided they comply with mandatory legal norms.