2009•Shinjang dashösi ilmiy jurniliRequires access

A Legal Analysis on the System of Limited Corporation Shareholders' Withdrawal of Shares

Huang Ai-xue

Abstract

Shareholders' withdrawal of shares in limited company is a situation in which the company gets its own shares.The point is to protect the legal rights and interests of small shareholders.Although company law of China allows shareholders to request withdrawal under certain conditions,there are shortcomings regarding provision of the legal status,dealing of the company's own shares and so on.Therefore,the legal provision needs clearing in legislation.

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Key concepts: Shareholder, Business, Legislation, Corporation, Corporate law, China, Clearing, Point (geometry)