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Forced Transfer of Shares to Break the Deadlock of Limited Company

Author: DiaoZuo
Tutor: HanChangYin
School: Shanghai Jiaotong University
Course: Legal
Keywords: limited company deadlock Co., Ltd. forced transfer of shares justice means
CLC: D922.291.91
Type: Master's thesis
Year: 2009
Downloads: 151
Quote: 1
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Abstract


China’s 1994 "law" provides limited liability company’s shareholders must be two or more people, creating a reality in two or more natural component of shareholders of the existence of a large number of small companies, these small companies in the course of business due to a variety of objective situation Change, it is easy to fall into deadlock Co., Ltd., which operate their own companies rely on the plight of the mechanism is often difficult to solve, through specific legal channels to resolve it. Present the "Company Law", only the dissolution of the company to be a way to resolve the impasse Limited, which means higher costs, poor results. I have a number of agents in the Limited shareholders in case of disputes, most of the way through the equity transfer of the final solution of the dispute between the shareholders, Ltd. to break the deadlock. Due to the current "Law" for the impasse Limited special status of the mandatory provisions of the transfer of shares, the existing provisions more stringent conditions, the effectiveness of the poor, so I think that should be in the "Company Law" to add a limited break Company deadlock judicial means of relief: the compulsory transfer of shares.In this paper, I have the proxy case studies Ltd. The main cause of the impasse, to explore possible to break the deadlock Co., Ltd. and its characteristics are several ways to explain the compulsory transfer of shares in resolving the impasse Limited and the unique problems of lack of research China’s "Company Law" and judicial interpretations, learn from foreign legislative and judicial experience, to explore ways to develop the appropriate legal protection not only to better meet the interests of shareholders and to re-running Ltd, the main market economy to promote stable and healthy development The need to put forward the "Company Law" to improve the personal recommendations: the compulsory transfer of shares increased to break a deadlock Limited judicial means of relief.

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CLC: > Political, legal > Legal > Chinese law > Economic Law > Corporate law, company law
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