The revised Company Law introduces multiple legal avenues for shareholder exit, including share transfer, share repurchase, capital reduction and company dissolution and liquidation. In exceptional cases, shareholders may also exit by invalidating investment actions or revoking company establishment.
Additionally, the new law allows dissenting shareholders to request that the company repurchase their shares in cases of oppression and request the deregistration of inactive or “zombie” companies.
Shareholders may seek to exit through enforced share transfers or share cancellations after initiating disputes over company share repurchases due to shareholder oppression. The limited liability company framework in the Company…
