On The Inspection Rights Of The Shareholders Of Limited Companies

The inspection rights of the shareholders is a kind of basic rights, which belongsto shareholder’s rights to know. It is the groundwork and guarantee to any of theothers rights of shareholders. As it has the feature of low cost and high efficiency, theinspection rights of shareholders becomes the effective protection from the damagescaused by company or other shareholders. We can see, without the inspection rights ofshareholders, it will be unpractical and unworkable to discuss about realizingshareholders’ rights.The law of company in China has being improved gradually, but there still arecertain areas needed to be clarified, especially the accounting information, which isthe vital of the company, should be specified urgently from the right content to thelitigation proceeding. In the legal practice, these kind of disputes are not able to beresolved under the regulations and laws directly.The writer deeply searches the related theories and controversial affairs in legalpractice about the inspection rights of shareholders, and respectively analyses the eachfactors of the inspection rights, such as the rights entity, the rights content, themethods of the rights implementation, and the litigation proceeding. The writer alsoproposes her suggestion on how to deal with these uncertain matters throughdiscussing and investigating systematically by cases.