Rivista del Diritto Commerciale e del diritto generale delle Obbligazioni

Abstract: Share capital reduction. Miscellaneous issues – In addition to the reduction of share capital effected by a shareholders’ resolution, whether by ‘real’ reduction (Art. 2445 of the Civil Code) or ‘nominal’ reduction (Art. 2446-2447 of the Civil Code) – which have in common only the modification of the accounting data expressed in the net equity – the Civil Code regulates three hypotheses, so to speak minor, either of nominal reduction (due to failure to pay part of the subscribed capital and overestimation of contributions in kind), or of real reduction (due to failure to place the shares of the withdrawing shareholder).

Sommario: 1. Introduzione. – 2. Riduzione del capitale per mancato versamento di parte del capitale sottoscritto. – 3. Riduzione del capitale per sovrastima dei conferimenti in natura o dei crediti. – 4. Riduzione del capitale per mancato collocamento delle azioni del socio receduto.  

Keywords: capital — reduction — nominal — actual — non-payment — subscribed-capital — overestimation — contributions-in-kind — recess — failure to place shares.