Exit rights of minority shareholders in a private limited company
Einde inhoudsopgave
Exit rights of minority shareholders in a private limited company (IVOR nr. 72) 2010/4.4.4.2:4.4.4.2 Appraisal right
Exit rights of minority shareholders in a private limited company (IVOR nr. 72) 2010/4.4.4.2
4.4.4.2 Appraisal right
Documentgegevens:
mr. dr. P.P. de Vries, datum 03-05-2010
- Datum
03-05-2010
- Auteur
mr. dr. P.P. de Vries
- JCDI
JCDI:ADS409640:1
- Vakgebied(en)
Ondernemingsrecht (V)
Deze functie is alleen te gebruiken als je bent ingelogd.
An appraisal right applies when a shareholder of the demerging GmbH receives, by way of demerger, shares (or membership rights in case of a partnership) in an acquiring entity of a different legal form than the GmbH-type.1A second situation in which the appraisal right applies is when an acquiring GmbH has imposed restrictions on the transfer of the shares in its articles of association that are more rigorous than those of the demerging GmbH.
In order to qualify for the appraisal right, the shareholder of the demerging GmbH must vote against the resolution approving the demerger.2 The dissenting vote of the shareholder must be recorded in the minutes of the general meeting. The appraisal right can be invoked against the acquiring entity.