聂某某诉电子商务公司等股东优先认缴权案评析

聂某某诉电子商务公司等股东优先认缴权案评析

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1、聂某某诉电子商务公司等股东优先认缴权案评析AbstractTheprincipleprovision“Whenthecompanyhasnewcapital,itsshareholdershavepreemptiverighttosubscribethecapitalaccordingtotheproportionofcapitalpaid.However,theshareholderscanagreenottosubscribethecapitalaccordingtotheproportionofcapitalpaid”ofthe

2、CompanyLawofthePeople’sRepublicofChinaandtherelevantjudicialinterpretationsisthedirectlegalbasisoftheShareholders’PreemptiveRight.However,thelawdoesnotprovideclearlywhentheshareholdersshouldexercisethepreemptiveright,ortheshareholdershaveordon’thavethepreemptiverighttos

3、ubscribethecapitalthattheothershareholderscan’tsubscribeandmore.Besides,thejudicialpracticersandlegalscholarssticktoinconsistentviews.Thus,theshareholdersaresplitoverthepreemptiveright,settingoffaseriesoflegaldisputes.Therefore,inordertoresolvethelegaldilemma,it’sveryur

4、gentandimportanttoimprovecompanylegislation,establishandimprovetheoperatingmechanismoftheshareholders’preemptiveright,increaseitsoperability.ConcerningthecaseofNiev.E-commerceCo.andothersabouttheShareholders’PreemptiveRight,whetherthegeneralmeetingresolutionshaveinfring

5、eduponNie’spreemptiveright?BothofthepartiesandtheCourtofFirstInstanceSecondInstanceholddifferentstandpoints:whetherthegeneralmeetingresolutionsonincreasingcapitalinthecaseareeffectiveornot;whetherNieshouldhavethepreemptiverightornot.Throughanalyzingtheabovetwocontrover

6、sialpoints,it’seasytofindthattherearetwokeypoints:howtodeterminetheeffectivenessofthegeneralmeetingresolution;howtheshareholdersexercisethepreemptiveright.Ultimately,combiningwiththerelevantlegislation,judicialpracticeandtheorytoanalyzethecase,wecancometothefollowingcon

7、clusions:firstly,thethirdarticleofthirdsessionofthesecondgeneralmeetingresolutionisineffective;secondly,fifthsessionofthesecondgeneralmeetingresolutionisineffective;thirdly,Nieshouldhavethepreemptiverighttosubscribe7675000yuanfortheincreasedcapitalaccordingtotheproporti

8、onofcapitalpaid;fourthly,NieshouldhavethepreemptiverighttosubscribethecapitalthatXinXigangDevelopmentCo.andYin

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