Category: Money Tips Date: 2007-05-03
As one editor; 1993 I subscribed to a certain stake in local companies to set up a social legal person shares, when issued, the company later in 2001, approved to issue A-share listed. In 2002 I also transferee of a friend's social legal person shares (he has an account card, the shareholders card to me), both part of the shares in circulation at present there is no power, because they were corporate shares of the community should be personalized. I ask what that entailed, to the Securities Clearing Company 30,000 shares of my friend's transfer to my name?
Zhanjiang Li Xiaofeng Li Xiaofeng reader:
Hello! First of all, no matter when the "normative views Co., Ltd." or later "Company Law", have allowed the social legal person shares held by an individual way, some holding pattern or as a person involved in this, more than fund-raising or collectively to raise funds modalities. From a legal point of view, this is a holder of valid and invalid methods of civil behavior. Invalid civil invalid from the outset to address the approach should be to restore the status quo ante, that the assignment should the shares shall be returned to the assignee, the assignee should be returned to the assignor warrants.
At the same time, it should be noted, social and legal person shares held by individuals at the time of the phenomenon is that management was not standardized and distribution of chaotic, distribution and trade channels are not smooth, high transparency of information disclosure in cases where the product of treatment of historical issues, it should be with the historical attitude to solve them. In fact, in the past, in the NET system and STAQ systems although the sale of corporate shares, but also allows individual investors to enter, but now, to full circulation, the stock has no re-use of personal shares and legal person shares of such a reference. So, that should be part of the social phenomenon of corporate shares held by individuals using the historical approach to solve them. The legal profession to give you suggestion is: It should be providing materials to the listed company to do the right, and then transfer registration of companies, but also should be handled a little earlier. If you do not solve this problem, as a non-tradable shares, in the split share structure reform, there might even be required to pay right price to pay if not now, at this stage there may be the majority shareholder, took the advance of the price, but you need to market circulation, it is necessary the return of major shareholders in advance of the right price.
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