Private Law Research

Minority shareholder rights in the companies division Iran and England legal system

Document Type : Research Paper

Authors

Mohammadreza Pasban 1
SeyedHadi Farokhi 2
Ahmad BeygiaHabibabadi 3

1 Associate Professor of Private Law, Allameh Tabataba’i University, Tehran, IRAN.

2 Ph.D. Department of Private Law , Allameh Tabataba’i University, Tehran, IRAN Email: beygiah@yahoo.com

3 Ph.D. Department of Law, Tarbiat Modares University, Tehran, IRAN

https://doi.org/10.22054/jplr.2018.29927.1819
Abstract
Equity firms have been emerging economically more than other firms in the legal and economic areas. Given the fact that the majority of the people in the society can be regarded as the members of these firms in various ways, they have enjoyed great satisfaction with the majority of the people. The present study aims to evaluate the minority shareholder's rights in the context of the decomposition of joint stock firms, as well as the related effects and judgments in the legal system of Iran and England. The study of the two legal systems indicates that, unlike English law, there is no specific provision regarding the decomposition of commercial enterprises, especially non-governmental organizations. In addition, based on English law, there are appropriate provisions for protecting minority shareholders, particularly in the case of corporate analysis. However, as far as Iran law is concerned, there are a few provisions in favor of a minority shareholder and the necessary support for a minority shareholder has been considered in the trade bill.
Therefore, comparing the laws and regulations of the two countries can lead to many challenges and ambiguities in mergers and divisions of joint stock companies

Highlights

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Keywords

Keywords: Stock firm
minority shareholder rights
division
Iranian law
English law

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Private Law Research
Volume 7, Issue 26
Spring 2019
Pages 87-112

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