Beschränkung im Innenverhältnis

English translation: restrictions in internal relationships

07:26 Oct 16, 2001
German to English translations [PRO]
Law/Patents - Management
German term or phrase: Beschränkung im Innenverhältnis
Beschränkungen im Innenverhältnis können sich aus dem Gesellschaftsvertrag ergeben.

This is from a company guideline on Prokura.

Can anyone give me a "zündende Übersetzung" for BiI? Would be much appreciated.
Karin Walker (X)
Germany
Local time: 10:57
English translation:restrictions in internal relationships
Explanation:
The articles of association can result in restrictions in internal relationships
Selected response from:

Kim Metzger
Mexico
Local time: 02:57
Grading comment
Thanks Kim.

4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1restrictions in internal relationships
Kim Metzger
5The Articles of Association may restrict the internal relationships.
Beate Lutzebaeck
4 -1limited liability in internal relations
Irene Fried


  

Answers


42 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
restrictions in internal relationships


Explanation:
The articles of association can result in restrictions in internal relationships


    Hamblock/Wessels - Gro�w�rterbuch Wirtschafts Englisch
Kim Metzger
Mexico
Local time: 02:57
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 131
Grading comment
Thanks Kim.

Peer comments on this answer (and responses from the answerer)
agree  JózsefÁrpád Bende
22 hrs
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1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): -1
limited liability in internal relations


Explanation:
I agree with Kim's suggestion, but I think that this is all about the liability one has when taking the job of a Prokurist in a company with limited liability. So I would suggest something along these lines:

Provisions for a limited liability in internal relations may result from the articles of association/incorporation...

Also I give a reference which confirmes the use of limited liability
HTH,
Irene


    Reference: http://www.hmso.gov.uk/acts/en/2000en12.htm
Irene Fried
Germany
Local time: 10:57
Native speaker of: Native in GermanGerman, Native in GreekGreek

Peer comments on this answer (and responses from the answerer)
disagree  Beate Lutzebaeck: No, sorry, Irene, but the Innenverhältnis in company law doesn't have anything to do with liability issues
4 hrs
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5 hrs   confidence: Answerer confidence 5/5
The Articles of Association may restrict the internal relationships.


Explanation:
This is a variation of Kim's theme and sounds, I guess, as "zündend" as legalese can.

The "Innnenverhältnis" here refers to issues such as different classes of shares held by shareholders, authorities of the Board of Directors, general meetings, voting rights, voting restrictions.


    Own professional experience as German/NZ lawyer
Beate Lutzebaeck
New Zealand
Local time: 20:57
Works in field
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
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