In its forthcoming newsletter, CONSULEGIS International Litigation & Arbitration Specialist Group presents a series of short overviews of various jurisdictions legal views on when, based on company law, is a director personally liable for their actions. Among the contributors on the topic are five legal advisors from Horizons, addressing Indonesia, Mongolia, Korea (DPRK), Russia and China. In…
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Today, China’s increasingly open economic system, combined with an ever-growing middle-class, has paved the road to vast opportunities for foreign investors. Against the backdrop of a reform and economic transformation turned into a sustainable and innovative driven model, China inbound investment has entered a new era. Specifically, in China’s 13th 5-year plan the drive towards…
Read moreCorporate governance in China: A review of meetings and resolutions of the Limited Liability Company
Shareholders’ meeting Company Law of the People's Republic of China establishes the shareholders' meeting of a limited liability company to be comprised of its shareholders and is the highest authority in the company. The Shareholders’ meeting is an indispensable component in which members exercise their investor’s right to collectively govern the company, in accordance with…
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