Right to pursue
common interests
Right to pursue common interests refers to the right exercised for the purpose of or in relation to engaging
in a company’s business operation.
Right to pursue
one’s own profit
Right to pursue one’s own profit refers to the right which shareholders exercise to participate in a company’s
profitability or other benefits.
Specific Examples
The right to pursue common interests and the right to pursue one’s own profit are illustrated in detail as below. Exercising the right to pursue common interests may require equity ownership above the set limit in accordance with the Commercial Law and other applicable laws and regulations.
Right to pursue common interests |
Right to call an annual general meeting, right to sue (nullity of incorporation, etc.), voting right, right to seek injunction on illegality committed by directors, right to bring class action lawsuits, inspection right, right to request the dismissal of directors/auditors, right to request the inspection of a company’s work and assets, the right to request dissolution of corporation, etc. |
Right to pursue one’s own profit |
Dividend right, right to transfer of securities ownership, preemptive right, right to residual assets, etc. |