Can I read Share Transfer Restrictions Under Decree 15/2011 on EtoBox?

Share Transfer Restrictions Under Decree 15/2011 by Dzung is a document available to read on EtoBox.

What is Share Transfer Restrictions Under Decree 15/2011 about?

Decree No. 15/2011 introduces new restrictions on the transfer of shares for companies receiving government guarantees. Specifically, it only allows local investors to transfer shares to foreign investors in proportion to the amount of debt repaid. However, this restriction may contradict existing company law and infringe on shareholder rights. It also raises questions about whether non-consenting local shareholders are bound by company resolutions on restrictions and how the rules apply to new shareholders

Author

Dzung

Language

EN