Involuntary dissolution for deadlock and oppression

Serbian company law recognizes the right of shareholders to seek judicial dissolution of the company. In this article, the author analyzes material conditions for ordering dissolution, with a special emphasis on deadlock and oppression. There are at least three reasons why this topic is very important for Serbia. Firstly, judicial cases involving dissolution request by shareholders are more often, and unfortunately at this point there are many open questions still not resolved in practice. Secondly, in domestic literature this right is almost exclusively associated with shareholders' minority rights, and that is only partially correct. Thirdly, legal norms dealing with this right are very imprecise and broadly formulated, and therefore can be interpreted in different ways. This article tries to clarify the essence of each reason for judicial dissolution of a company requested by shareholders, particularly by using experiences in comparative judicial practice.