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Equity Transfer Modes in Limited Liability Companies under the New Company Law

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DOI: 10.23977/acccm.2024.060412 | Downloads: 62 | Views: 745

Author(s)

Zhou Yuexi 1

Affiliation(s)

1 French and Law Joint Training, French Language Department, Sichuan International Studies University, Chongqing, 400031, China

Corresponding Author

Zhou Yuexi

ABSTRACT

As a key legal action in corporate operations, equity transfers significantly influence a company's governance structure, shareholders' rights, and market transaction security. With the enactment of the New Company Law (2023), limited liability companies will encounter new legal challenges regarding equity changes. This article aims to investigate the equity change models prescribed by the new law by analyzing legal provisions and academic perspectives. On the occasion of implementing the new law, the paper will justify the formalistic approach established by the New Company Law by comparing it with international equity change models and reviewing pre-law judicial practices. This analysis will assess the current law's adaptability and identify potential room for improvement, to provide theoretical and practical support for the equity changes in limited liability companies under the new legal framework.

KEYWORDS

Equity Changes; Shareholder Register; Formalism; Intentionalism

CITE THIS PAPER

Zhou Yuexi, Equity Transfer Modes in Limited Liability Companies under the New Company Law. Accounting and Corporate Management (2024) Vol. 6: 88-94. DOI: http://dx.doi.org/10.23977/acccm.2024.060412.

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