Few days ago I found out that the equity capital has been increased in a company (limited liability company) where I used to own 50% of the capital without my participation. As a result my part in that company reduced to 10%. What shall I do in the current situation? Is it possible to appeal against the decision of the Register of Enterprises in respect of increasing equity capital, which I believe is illegal?

If a person believes that a decision taken by the official of the Register of Enterprises is unfounded, he has the right to appeal the decision within one month from the date of it’s entry into legal force, by submitting an application addressed to the Chief State Notary of the Register of Enterprises. Chief State Notary of the Register of Enterprises shall consider the application and take a relevant decision within one month from the day of submission. 

A decision taken by the Chief State Notary of the Register of Enterprises may be appealed as well within one month from coming into force of that decision by submitting a relevant application to the Administrative court. 

When appealing decisions of State notaries and Chief State Notary of the Register of Enterprises, account shall be taken that appealing against such decisions does not cease its execution.