Crime of major shareholder encroaching on company property

Legal subjectivity:

Rights protection of major shareholders against minority shareholders: 1. Claim for share repurchase. When the major shareholder controls the company's decision-making body through its shareholding ratio, decides not to distribute profits to shareholders, decides the merger or division of the company, and transfers the company's main property. Opposing minority shareholders can exercise the right to request the company to buy back their shares at a reasonable price according to the provisions of Article 74 of the Company Law. Second, shareholder representative litigation. It means that when the directors, supervisors and senior management personnel of the company violate laws and regulations or violate the articles of association, resulting in damage to the company's interests, and the relevant institutions or personnel within the company are unable or slow to sue and pursue their responsibilities, in order to safeguard the interests of the company and the interests of minority shareholders, minority shareholders can bring a lawsuit against the above-mentioned personnel on behalf of the company in accordance with legal procedures.

Legal objectivity:

Article 73 of the Company Law, records of changes in equity transfer. After the equity is transferred in accordance with the provisions of Articles 71 and 72 of this Law, the company shall cancel the capital contribution certificate of the original shareholder, issue the capital contribution certificate to the new shareholder, and change the records of shareholders and their capital contribution in the Articles of Association and the register of shareholders accordingly. There is no need to vote at the shareholders' meeting to amend the Articles of Association this time.