Document Type : Research Paper
Author
Associcte professor at the Department of low>faculty of Administrativa scientes and Economics. university of Isfahan.Iran
Abstract
In various Commerce Act articles use of some rights are limited to a particular period, without determining whether that is time lapse or not. For example, bankruptcy judgment issuance of a merchant who has died in a bankruptcy state, revocating transactions prior to merchant’s payment suspension if include extensive loss, asking annulment of executive manager or director’s board members’ transactions with company, and asking Judgment against endorsers and their sureties for special commercial documents payment depend on adhering a defined period/periods. Besides, only in a special period consignee can setup and demand for non-apparent damages and petition for a general, proportional or limited partnership dissolution
which one of its partners has died or incapacitated depends on disagreement with company’s continuance within a fixed period. If all above periods were time lapse we could obey non of them because Guardian Council has abrogated time lapse in civil (including commercial) matters. This experimental research analysis shows time lapse is for a manner right principally exists legally and flows but Legislature setting period prevents its flow whereas in some of above cases right is created exceptionally and within that particular period (time span). Right’s time span in comparison has particular rules.
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Main Subjects
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