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In 2013 the Russian Civil Code was significantly amended in all kinds of areas touching on the country’s corporate life, including: transactions (state registration, notarization, approval and invalidity), objects of civil law, powers of attorney, securities, state registration of legal entities, and limitation periods. The Russian Parliament is now considering a fairly extensive list of further amendments to the Civil Code. This article focuses on the area of so called “resolutions of the meetings”, which has, in fact, become regulated for the first time by civil legislation.

In 2013, the Russian Civil Code was significantly amended in many areas affecting the country's corporate life, including: transactions (state registration, notarization, approval and invalidity), civil law rights, powers of attorney, securities, state registration of legal entities, and limitation periods.

The last five years have been notable for the way in which legislation relating to foreign investments in strategic companies has developed and been refined. It has been possible gradually to create a mechanism that is both understandable and transparent to a respectable degree. At the same time, practical issues continue to arise which need to be addressed at the level of primary legislation.

The Russian government has come up with a way to combat unfinished commercial construction: if the building is not delivered on time, it may be sold.