The Rwandan Commercial Law Books Series 3
ISBN 978 90 361 0444 9
This piece of work authored by Fidèle Masengo, Didas Muganga Kayihura and Elvis M. Mbembe through the support from the Institute of Law Practice and Development (ILPD) intends to digest and make the Company Law 2009 as well as its subsequent 2010 amendment more comprehensible and understandable to their end users especially from academia, Legal practitioners and the judiciary. This work becomes more relevant and inevitable especially that, having been highly influenced by the common law, the Company Law 2009 turns us to a different mindset altogether from its civilist predecessor (the 1988 Law on Commercial Enterprises) that governed companies and other business associations.
It brings to book some new concepts and terms to the Rwandan Legal system that, where not elaborated, explained and contextualized, would lead to confusion of Law students and/or practitioners reading and applying this law, but from its predecessor’s (1988 law) background.
Rwandan legal system that used to be purely civil with a remarkable influence from the Belgian and French legal systems has, since the 2004 judicial reforms, embraced a somewhat mixed legal system that incorporates both civil and common law best practices. Rwandan new Commercial laws including the company law thus, have today not only responded to this trend but have as well considered the globalization and its impact in the global trade and practice. This piece of work interprets company law provisions from the Rwandan law perspective but with consideration to what takes place elsewhere in the world.