Shareholders may request to inspect the company's accounting books and accounting vouchers, but they shall submit a written request to the company and explain the purpose of the inspection. If the company has reasonable grounds to believe that the purpose of the inspection is improper, it may refuse the request and shall provide a written response within 15 days.
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If the equity transfer has not been registered for change, the contract is generally still valid; the decision to change the shareholder register has internal validity, and the decision to register the change with the industry and commerce administration has external opposability. Unregistered changes cannot be used against bona fide third parties.
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When a shareholder transfers equity to a person other than a shareholder, the other shareholders shall have the preemptive right to purchase the equity under the same conditions; the transferor shall notify the other shareholders in writing of the quantity, price, payment method, and time limit, and the other shareholders shall exercise their right to purchase within 30 days.
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If the shareholders' contributions are not genuine, the other shareholders at the time of establishment may bear joint and several liabilities within the scope of insufficient contributions; creditors may claim supplementary compensation within the scope of unpaid principal and interest, and the subscribed capital must be paid in full within five years. The statute of limitations for litigation is...
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If a shareholder withdraws his investment funds without authorization, the creditor may request the shareholder to bear supplementary compensation liability within the scope of the withdrawn capital and interest, and assist the directors, supervisors, and senior managers who assist in the withdrawal of funds to bear joint and several liability. The statute of limitations for litigation is three ye...
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In principle, shareholders' subscribed capital cannot be accelerated before the due date. Exceptions include cases where the company is unable to pay off its due debts or fails to apply for bankruptcy despite meeting the criteria for bankruptcy, as specified in Article 54 of the Company Law.
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After the lease expires, the ownership of the renovated items shall be as follows: those that have not become attached can be dismantled and recovered, and those that have become attached shall generally not be compensated; the renovation costs shall be borne by the tenant unless otherwise agreed in the contract.
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Subletting without the landlord's consent is not necessarily invalid. The landlord may terminate the contract. If the landlord knows or should have known about the subletting and does not raise objections within six months, it shall be deemed as consent. The statute of limitations for litigation is three years.
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Civil and commercial law firms can provide long-term legal advisory services, including contract review, corporate governance, and intellectual property protection. These services are provided in accordance with Article 28 of the Lawyers Law, and the fees are negotiated on an annual basis.
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The difference between regular advisors and special advisors lies in four dimensions: cycle, scope, response, and fees. Regular advisors provide continuous coverage of daily affairs throughout the year, while special advisors focus on tackling a single major project or task.
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Special legal advisors are suitable for single matters with clear objectives and concentrated timeframes, such as protecting intellectual property rights, financing and mergers and acquisitions, major contracts, and bulk labor disputes, and they are paid based on the project commission.
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Startup companies are advised to hire legal consultants, but they can do so in stages: review the articles of association and IP ownership during the establishment phase, purchase legal services on a project-by-project basis after operations commence, and switch to annual contracts once the company stabilizes, all while keeping the budget under control.
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The five key considerations when selecting a legal advisor are: professional matching, team configuration, response timeline, transparent fees, and professional ethics. Law firms accept mandates and sign written contracts in a standardized manner, ensuring clearer accountability for responsibilities.
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The expert assistants can help the parties cross-examine the appraisal opinions in the courtroom, and their opinions shall be regarded as the parties' statements. They must apply for one to two experts before the expiration of the period for providing evidence, and the fees shall be borne by the applicant.
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A unilaterally commissioned medical appraisal is not necessarily invalid. It can be reviewed after cross-examination and used as evidence. If the other party provides evidence of serious flaws in the qualifications or procedures of the appraisal, the court may allow a re-appraisal, and the credibility of the appraisal commissioned during the litigation will be higher.
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