Trang chủNewsQuestion and AnswerHow the rights of shareholders or groups of major shareholders are regulated?

Date: 30/09/2020

 

Question:

 

Please indicate how the rights of shareholders or groups of major shareholders are regulated?

 

 

 

Answer:

 

According to Clause 2, Article 114 of the Law on Enterprises any shareholder or group of shareholders that holds at least 10% of ordinary shares for at least 06 consecutive months (or a smaller amount prescribed by the company’s charter) shall have the right to:

 

a) Nominate candidates for the Board of Directors and the Control Board;

 

b) Examine, copy minutes of meetings and Resolutions of the Board of Directors, mid-year and annual financial statement using the forms of Vietnam’s Accounting System, and reports of the Control Board;

 

c) Request convention of the General Meeting of Shareholders in the cases mentioned in Clause 3 of this Article;

 

d) Request the Control Board to inspect each issue related to the company’s administration where necessary. The request shall be made in writing, bear the full name, address, Nationality, ID/passport number if the shareholder is an individual; name, permanent residence, nationality, establishment decision number or business registration number if the shareholder is an organization; the holding and time of shares registration of each shareholder; total shares of the group of shareholders and the proportion of shares to the company’s total shares; the issues that need inspecting, and inspection purposes;

 

e) Exercise other rights prescribed in this Law and the company’s charter.

 

 

 

 


Question and Answer orther

Regulations on receiving the medication sent from abroad

Date: 19/03/2021

New regulations on procedures for capital transfer to foreign individuals

Date: 05/03/2021

How to change a branch manager on a license

Date: 26/02/2021

Procedures for changing the chairman of the board under the Enterprise Law 2020

Date: 05/02/2021

Is the policy of automatic visa extension for foreigners entering Vietnam on tourist visa valid after August?

Date: 29/01/2021

What documents does a company need to prepare to change its legal representative?

Date: 22/01/2021

Are officers allowed to become capital contributors of partnerships?

Date: 14/01/2021

How is the procedure for adding English names to the company?

Date: 06/01/2021

Records and procedures of enterprise dissolution

Date: 21/12/2020

Can two members set up a joint stock company?

Date: 11/12/2020

Change of equity, shareholders and position, which procedures should be implemented?

Date: 04/12/2020

How is the procedure for changing the address of the head office and changing the main business line?

Date: 24/11/2020

Can the company change the company name and the legal representative at the same time?

Date: 16/11/2020

The company decided to change the director, how to change the business registration license

Date: 13/11/2020

What is the procedure for adding a business line?

Date: 09/11/2020

Does the company rent the warehouse have to notify the Registration Department?

Date: 04/11/2020

What are the conditions of the industry "Power transmission and distribution"

Date: 02/11/2020

What does the application file for adding a bank account include?

Date: 30/10/2020

Reduction of charter capital in case the companies return capital to shareholders

Date: 23/10/2020

Which case must reduce the charter capital of a joint stock company?

Date: 21/10/2020

2006 - 2021 http://dilawfirm.vn - all copyright reserved. Email: info@dilawfirm.vn

Design by Nhật Thành.NET
https://www.facebook.com/quocte.danang