Exit rights of minority shareholders in a private limited company (IVOR nr. 72) 2010/4.2.4.2:4.2.4.2 Serious and incurable dispute

Exit rights of minority shareholders in a private limited company (IVOR nr. 72) 2010/4.2.4.2

4.2.4.2 Serious and incurable dispute

Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.Deze functie is alleen te gebruiken als je bent ingelogd.

Secondly, a serious and incurable dispute (tiefes und unheilbares Zerwürfnis) between the shareholders forms another important ground to wind up the company.1 Again, this important ground is present provided that less farreaching measures cannot be taken. In the words of the Supreme Court this ground applies if the breakdown:

"(...) damages the prosperity (in particular the earning power) of the company or it is expected to do so in the long term or short term."2

The winding-up remedy could offer a solution in the event of a deadlock between two equal shareholders who have equally contributed to their dispute.3

Deze functie is alleen te gebruiken als je bent ingelogd.