The Revoked And Invalid System Of The Resolution Of Shareholders' Meeting In The Listed Company

The effectiveness of shareholder meetings'resolution in listed companies is of great importance in maintaining the legitimacy and rationality of the resolutions of shareholders' meeting and to protect shareholders', especially small and medium shareholders'rights and interests. And therefore each country in the world makes some laws to regulate the effectiveness of shareholder meetings' resolution, and makes provisions about the invalid and revoked system of shareholders'assembly resolution. Our country also offers provision on the invalid and revoked system of shareholder general meeting's resolutions in the Company Law. The Company Law, however, just constructs the basic framework of the system. Compared with other countries'company laws in the world, our new one has much shortness and need to be further perfected.This paper is divided into the preface, three chapters and epilogue. By comparing with private companies, Part I discusses the formation and authentic of shareholder meetings' resolution of listed companies. Combining theory and the current laws,Partâ…¡analyses the entity reasons and program reasons why the shareholder meetings' resolutions of listed companies is invalid and revocable. Partâ…¡first elaborates the relief of shareholder meetings' flawed resolution of listed companies, and then makes comparative study about the invalid and revoked system in listed companies overseas, and finally puts forward concrete suggestions and countermeasures according to the current situation of our country.