The company s finances are not disclosed, and the company s shareholders do not get dividends

Updated on Financial 2024-08-08
6 answers
  1. Anonymous users2024-02-15

    Dividends require a resolution by the company's shareholders' meeting and the company is profitable, and should also comply with other provisions of the Company Law. You and other shareholders can ask the shareholders to resolve the dividends, or ask the company to acquire your equity for a reasonable price. In the event that the company passes a dividend resolution but the company does not implement it, the shareholders have the right to sue the company and require the company to implement the effective resolution and pay the dividends to the shareholders in a timely manner.

    According to the provisions of the Company Law, if the company does not distribute profits to shareholders for five consecutive years, and the company has made profits for five consecutive years and meets the conditions for distributing profits stipulated in the Company Law, the shareholders who vote against the resolution of the shareholders' meeting on not distributing dividends and dividends may request the company to acquire their shares according to a reasonable **. In this case, if the shareholder and the company cannot reach an equity acquisition agreement within 60 days from the date of the resolution of the shareholders' meeting, the shareholder may file a lawsuit with the people's court within 90 days from the date of the resolution of the shareholders' meeting. After making a profit and before distributing the profit, the company should also complete the following matters:

    1. Pay taxes; 2. Make up for losses; 3. 10% of the profits withdrawn shall be included in the company's statutory provident fund. Legal basis: Article 74 of the Company Law of the People's Republic of China has any of the following circumstances, shareholders who vote against the resolution of the shareholders' meeting may request the company to acquire their equity in accordance with a reasonable **:

    1) The company has not distributed profits to shareholders for five consecutive years, and the company has made profits for five consecutive years and meets the conditions for profit distribution stipulated in this Law; (2) The merger, division or transfer of the main property of the company; (3) The business period specified in the articles of association of the company expires or other reasons for dissolution as stipulated in the articles of association arise, and the shareholders' meeting passes a resolution to amend the articles of association to make the company exist. If the shareholder and the company cannot reach an equity acquisition agreement within 60 days from the date of the resolution of the shareholders' meeting, the shareholder may file a lawsuit with the people's court within 90 days from the date of the resolution of the shareholders' meeting.

  2. Anonymous users2024-02-14

    Legal issues: I am a shareholder of the company, but I have not received dividends for several years, and the two legal representatives have served nearly a year before and after, and the current legal person has served for nearly a year, and has never worked for a three-year term. What should I do if the company's accounts have been in the hands of the original legal person and have not been made public?

    Mr. Zhao: Negotiate a settlement to see if you can apply for publicity in accordance with the company's articles of association. Lawyer He:

    You can sue the court and ask the company to disclose various circumstances such as finances, because you have the right to know. If you need a more professional answer, please go to the homepage for **lawyer consultation and call free legal advice**. Related Knowledge – What is a Shareholder?

    What is the legal status? A shareholder is a person who holds shares in a company or contributes capital to a company. Shareholders are the core elements of a company.

    The shareholder of a limited liability company shall be a person who has contributed capital to the company and whose name is registered in the register of shareholders of the company. If there is an anonymous ** in the shares, the bearer ** of the bearer ** records his name or title and domicile in the register of shareholders, and is also a shareholder of the company. The legal status of the shareholders is:

    1. Shareholders enjoy shareholder rights. That is, shareholders enjoy rights and assume obligations according to the shares they hold. Shareholders have obligations and rights to the company based on their own capital contributions or shares.

    2. All shareholders are equal. Shareholders enjoy equal treatment according to the nature and amount of shares they hold based on their shareholder qualifications.

  3. Anonymous users2024-02-13

    If a company does not pay dividends and does not hold a shareholders' meeting, minority shareholders can take the following ways to protect their legitimate rights and interests:

    1.Unite with other minority shareholders. If the total number of shareholders is large, you can initiate a shareholders' meeting by uniting other minority shareholders and submit an application letter to the company requesting to convene a shareholders' meeting.

    At the shareholders' meeting, you can put forward your own suggestions and opinions on the company's operation, and use the platform of the shareholders' meeting to put forward your own demands to the company.

    2.View the Articles of Association. The articles of association usually set out the rules and procedures for convening a shareholders' meeting, as well as the rights and protections of minority shareholders. If the company violates the provisions of the articles of association, the minority shareholders can file a lawsuit to protect their legitimate rights and interests.

    3.File a regulatory grievance. If a minority shareholder believes that the company has misconducted, they can lodge a complaint with the relevant regulatory authority, such as the Securities Regulatory Commission or the Industrial and Commercial Bureau. These institutions have the right to investigate the company and take necessary administrative supervision measures to protect the rights and interests of shareholders.

    4.**Share. If the minority shareholders believe that they cannot get the expected return or satisfactory equity value, they can consider their own shares, so as to obtain a return of funds and exit the company.

    This requires the transfer of shares on a ** exchange or other venue, and is subject to the relevant laws, regulations and procedures.

    In short, the interests of minority shareholders are protected by law, and they can take legal measures to protect their legitimate rights and interests. At the same time, minority shareholders should also pay close attention to the company's operation and decision-making, participate in shareholders' meetings, and restrain the company's misconduct through legal means to protect their own rights and interests.

  4. Anonymous users2024-02-12

    1.Communicate with the company. Minority shareholders can try to contact the company's management or members of the shareholders' meeting to find out about the company's current financial situation and future dividend plans.

    If the company is indeed not profitable or the profit is not stable enough, the minority shareholders can appropriately adjust their expectations and negotiate with the company to formulate a more fair and reasonable dividend policy.

    2.Exercising shareholder rights. As shareholders of the company, minority shareholders have the right to participate in the shareholders' meeting and voting decisions, including amending the company's articles of association, transferring shares, increasing capital and reducing capital, etc.

    Minority shareholders can participate in the operation and management of the company by exercising their shareholder rights, and submit dividend claims through voting at shareholders' meetings.

    3.**Equity. If minority shareholders are not optimistic about the future development of the company, they can choose their own equity and transfer their investment to other areas.

    The ownership of shares may be affected by a variety of factors such as market supply and demand and the status of public auctions, and minority shareholders need to consider carefully.

    It should be noted that as a shareholder of the company, you should understand the company's operation and financial status before investing, and carefully consider the investment and exit plan of the shares. If the minority shareholders do not carefully study the company's risks and returns before investing, resulting in a situation of not being corrupt and profiting in the operation, they need to bear the corresponding investment risks and losses.

  5. Anonymous users2024-02-11

    The company's non-dividend and non-shareholders' meeting has violated your rights and interests, you have the right to know the specific situation of the company's material balance, our company has found Keshang Law Firm to deal with similar cases before, you can go to them, they can help you file a lawsuit for the protection of minority shareholders' rights and interests, and understand the company's financial situation.

  6. Anonymous users2024-02-10

    Legal Analysis: Shareholders of the company who do not pay dividends can sue the company. In the case of making profits for five consecutive years and not paying dividends for five consecutive years, sooner or later, shareholders who vote against the resolution to not pay dividends can ask Keiji Kopi to repurchase their shares.

    If it is not possible to enter into a repurchase agreement, the company can be sued.

    Legal basis: Article 74 of the Company Law of the People's Republic of China has any of the following circumstances, shareholders who vote against the resolution of the shareholders' meeting may request the company to acquire their equity in accordance with a reasonable **:

    1) The company has not distributed profits to shareholders for five consecutive years, and the company has been cautious about making profits for five consecutive years and meets the conditions for distributing profits stipulated in this Law;

    (2) The merger, division or transfer of the main property of the company;

    (3) The business period specified in the articles of association of the company expires or other reasons for dissolution as stipulated in the articles of association arise, and the shareholders' meeting passes a resolution to amend the articles of association to make the company exist.

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