On Judicial Remedies For Corporate Deadlock

Company stalemate is the event of a disagreement between the Company during operation, due to the views of shareholders or directors, the company can not make effective resolutions in accordance with the normal procedures, so that the entire company’s affairs paralyzed. Company impasse is a problem often encountered in the running of the company, is also troubled by a problem of the Companies Act judicial practice. There are many reasons cause the Company impasse, the deadlock continued existence of the company itself and other stakeholders would cause serious harm to the company impasse can not break this impasse through the company’s internal mechanism. After the promulgation of the Companies Act, the judicial formal involvement of corporate deadlock problems, but it does not establish a complete company of breaking the deadlock system to make scientific and rational. Therefore, looking for companies deadlock judicial remedies become important topics of the Companies Act theoretical research and practical exploration. Crack the corporate deadlock theory to study the judicial system, a more in-depth analysis of the causes and types of corporate deadlock comparison the foreign company impasse measures, legislative and judicial experience, learn from foreign advanced countries, and targeted legal regulatory proposal, in order to give the practice to solve company impasse judicial relief to play a positive impact.