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Certain obligations of joint stock company in squeeze out minority shareholders

Publication at Faculty of Law |
2019

Abstract

The author deals with the issue of the so-called sqeeze-out. It points out that the success of this process is significantly affected by the fact that the target joint stock company fulfills its legal obligations.

In the paper it states the basic legal obligations of a joint stock company and also carries out their classification. The author points out that in order to fulfill certain obligations a joint stock company will have to conclude agreements.

The main duty of a joint-stock company is to hold a general meeting and to adopt a resolution on the squeeze-out of minority shareholders at this general meeting. The paper lists the obligations of a joint stock company during the preparation and course of the general meeting and after the adoption of the necessary squeeze-out resolution.