Study of Changes in Company law in the Coronavirus Pandemic From the Perspective of Theoretical and Legal Basis

The coronavirus pandemic experience showed that in pandemics andsimilar conditions such as the spread of Infection, contamination or radiationwhich present or could present significant harm to the human health, it isdifficult to enforce certain legal obligations governing companies. Agilelegal systems quickly responded to these situations by changing their legalprovisions and adapting conditions. In this article, by comparative study ofIran and England laws and regulations, the theoretical foundations, legalbasis and limits of stat's intervention in Company law in CoronavirusPandemic are examined. This study shows that in coronavirus pandemic, Inorder to protect the public interest, UK government has adopted theapproach of rapid and extensive intervention in the field of corporate law.Concession theory, more than other theoretical foundations of CorporateLaw, justifies the theoretical basis of this vast and rapid state interventionand Public Health (Control of Disease) Act 1984 provided the legal basis forthis intervention. Among the existing legal capacities, Iran's legal system hasused the capacity of Article 176 of the Constitution to respond quickly to thepublic health threats in the Coronavirus Pandemic. But state intervention inIran's Corporate Law has been more limited.