The author of the law himself has been called

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The lack of a legal provision that specifies which companies need authorization to operate in the country causes all sorts of difficulties for those who have to organize these companies. It would be enough, for example, to declare that the following companies are companies that require authorization from the government to be established and operate, in addition to foreign companies:

1) banks and banking houses;

2) private and capitalization insurance;

3) mining companies in general;

4) companies providing electricity services;

Among many others, the concept of the company's nationality , traditional in our commercial law, and which deputy GABRIEL PASSOS, in project no. 530 of 1955, wanted to change, re-editing, in a certain way, an attempt by deputy AGAMEMNON MAGALHÃES, in 1936, regarding the nationality of insurance companies.

Professor VALDEMAR FERREIRA, when he represented the State buy bulk sms portugal of São Paulo in the National Congress, was part of the Constitution and Justice Committee of the Chamber of Deputies.

And, as rapporteur of project no. 424-A, of 1936, on public limited companies (presented to the Chamber of Deputies by deputy GUDESTEU PIRES), he decided to draft, as a substitute (project no. 424-A) a Commercial Companies Code , whose main provisions we will analyze, briefly, making, for the purpose, the comments that the matter, in our view, entails.

The draft Commercial Companies Code by Professor VALDEMAR FERREIRA offers, to those who examine it carefully, a characteristic that highly recommends it: it preserves what is good in our laws on the subject, improving them, imbued with the principle, undoubtedly salutary, that one does not change what is right just for the pleasure of changing. And it is also based on the postulate, also incontestable, that no doctrine is justified in law only by the logic with which it is deduced, but, above all, by the usefulness that results from it. And, for this reason, it does not support certain exotic novelties of foreign legislation on the subject.