PRÁVO PRIDAŤ SA K PREVODU (TAG-ALONG PRÁVO)

The subject of the article is aimed on a closer analysis of tag-along right. Tag-along right primarily protects the minority shareholder, who is thus given the opportunity to co-sell his shares on the same terms and conditions as the majority shareholder. Tag-along right is a relatively common part of shareholder agreements, especially in closed companies. The article focuses on the tag-along right agreed by shareholders in the environment of simple company by shares, where the Commercial Code specifically regulates the legal consequences of the violation of this right.