How should other shareholders protect their rights when an enterprise as a legal person transfers assets?

Where the legal representative of the company transfers the company's property, the shareholders of a limited company or a joint stock limited company or shareholders holding more than one percent of the company's shares may request in writing the board of supervisors or the supervisors of a limited liability company without a board of supervisors to bring a lawsuit to the people's court.

According to Article 149 of the Company Law, directors and senior managers shall not commit the following acts.

1. misappropriate company funds;

2. Open an account for the company's funds in its own name or in the name of other individuals;

3. In violation of the Articles of Association, without the consent of the shareholders' meeting, the shareholders' general meeting or the board of directors, lending the company's funds to others or providing guarantees for others with the company's property;

4. In violation of the articles of association of the company or without the consent of the shareholders' meeting or the shareholders' meeting, enter into a contract or conduct a transaction with the company;

Therefore, if an enterprise as a legal person does transfer the company's assets, it has violated the company law, and other shareholders can file a lawsuit to safeguard their rights.