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) 2010/6.2.1:6.2.1 Around the introduction of the BV
Exit rights of minority shareholders in a private limited company (IVOR nr. 72) 2010/6.2.1
6.2.1 Around the introduction of the BV
Documentgegevens:
mr. dr. P.P. de Vries, datum 03-05-2010
- Datum
03-05-2010
- Auteur
mr. dr. P.P. de Vries
- JCDI
JCDI:ADS409611:1
- Vakgebied(en)
Ondernemingsrecht (V)
Toon alle voetnoten
Voetnoten
Voetnoten
See supra § 5.2 and Parliamentary Papers II 1969/1970, 10 689, no. 4, p. 17 (Bijlage I van de MvT).
Prins (1972), p. 85.
Koninklijk Verbond van Ondernemers, Ondernemersfederatie, Federatie van het Katholiek en het Christelijk Ondernemersverbond, Raad voor het Midden- en Kleinbedrijf, Advies inzake de besloten vennootschap met beperkte aansprakelijkheid, 's-Gravenhage, 1970.
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As early as before the introduction of the legai form of the BV in 1971, a debate was started about how to deal with disputes between shareholders in a BV. One of the members of the Company Law Committee recommended the introduction of an oppression remedy as a solution to these disputes.1 As described in § 5.2, the majority of the Company Law Committee did not share this view, believing that the introduction of an oppression remedy was not necessary. This majority promoted the introduction of a winding-up remedy. The Company Law Committee was of the opinion that the threat of application of the winding-up remedy would prompt shareholders to negotiate about less far-reaching solutions, such as the buy-out of one of the shareholders. The Minister of Justice did not adopt this recommendation, but requested the Company Law Committee to further investigate the settlement of disputes between shareholders.
Around the same time, Prins suggested in his dissertation to include in the inquiry proceedings the option of a compulsory buy-out order.2 Moreover, several organizations of entrepreneurs advised the Minister of Justice to consider the matters of disputes between shareholders.3 These organizations insisted on introducing a regulation solving frequently occurring conflicts between shareholders in a BV.