Rights and obligations of shareholders of joint-stock companies

Legal analysis: the rights of shareholders of a joint stock limited company: the right to know, the right to return on assets, the right to participate in decision-making, the right to choose and manage human rights, the right to supervise and manage human rights, the right to receive priority, the right to subscribe for new shares, the right to withdraw shares, the right to subrogation in litigation, and the right to cancel by resolution. Obligations of shareholders of a joint stock limited company: the obligation of capital contribution, the obligation of attending the shareholders' meeting, the obligation of not interfering with the normal operation of the company, and the obligation of not abusing the rights and obligations of shareholders.

Legal basis: People's Republic of China (PRC) Company Law.

Article 4 Shareholders of a company shall enjoy the right to return on assets, participate in major decisions and choose managers according to law.

Article 33 Shareholders have the right to consult and copy the Articles of Association, minutes of shareholders' meeting, resolutions of the board of directors, resolutions of the board of directors and financial and accounting reports. Shareholders may request to consult the company's accounting books. Where a shareholder requests to consult the company's accounting books, he shall submit a written request to the company, explaining the purpose. If the company has reasonable reasons to believe that the shareholders' access to the accounting books has improper purposes, which may harm the legitimate interests of the company, it may refuse to provide access, and shall give a written reply to the shareholders within 15 days from the date of the shareholders' written request, explaining the reasons. If the company refuses to provide inspection, the shareholders may request the people's court to require the company to provide inspection.