THE UNATTENDED LEGAL CONSEQUENCES OF THE DEATH OF THE SOLE MEMBER AND REPRESENTATIVE OF A SINGLE-MEMBER LIMITED LIABILITY COMPANY

The article deals with the legal consequences of the death of the sole member and representative of a single-member limited liability company, analysed in a judicial case upon the creditor’s bankruptcy application against the company – which was filed before the ending of the intestate succession proceedings before the probate court. The analysis brought to light numerous deficiencies and discrepancies of the following systemic laws of the Republic of Serbia: The Bankruptcy Act, The Companies Act, The Succession Act, etc. Author makes proposals for the amendments of the pertinent acts of law in the conclusion.