Journal of Northeastern University(Social Science) ›› 2016, Vol. 18 ›› Issue (3): 296-301.DOI: 10.15936/j.cnki.1008-3758.2016.03.012

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The Analysis of Adopting the Discretion to Dismiss System in the Shareholder Meeting with the Procedural Defect

HUA Yi-xin   

  1. (Civil, Commercial and Economic Law College, China University of Political Science and Law, Beijing 100088, China)
  • Received:2015-11-15 Revised:2015-11-15 Online:2016-05-25 Published:2016-07-29
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Abstract: The discretion to dismiss system derives from the concept of power disposition. Through balancing of interest, although it is used in juridical practice to improve the efficiency of group behavior and judgment, it is harmful to restrained judicial involvement and reality of the group intention. Through the normative analysis, according to the applicable scope and the legal effect of the Article 22 of Chinese Company Law, the discretion to dismiss can not be applicable. Also, through the system analysis, the discretion to dismiss is not necessary and feasible. The view of adopting the discretion to dismiss system is a misunderstanding to the allocation of rights.It is improper for scholars and practitioners to ignore the laws and apply the system directly.

Key words: procedural defect, discretion to dismiss system, the resolution of shareholder meeting

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