Minority Shareholders in Cyprus Private Company
- Khovrin International
- Jul 22, 2020
- 1 min read
This guide is written for private investors and corporate executives, who are not familiar with Cyprus law, who have already established or plan to establish a company in Cyprus with share holding of less than 50% of the issued share capital and who are not sufficiently represented on the board of directors. This class of persons is called minority shareholders. it may also be useful for majority shareholders who are not happy with minority dissidents or fraudulent directors. Cyprus law, being based on the English law, permits the concept that majority or controlling shares are worth more than non-controlling ones and hence the directors are not under duty to treat you, happen to be a minority shareholder, equally to majority one. In case of trouble the minority shareholder in most cases won't be able to recover his/her investment unless he/she undertook certain precaution measures mentioned in this guide.
Khovrin-Komnenos Nikolay, Minority Shareholders in Cyprus Private Company - Practical Guide on how to protect minority interests (statutory texts, cases, commentary, drafts of agreements), Limassol 2016
168 pages | ISBN 978-9963-2311-0-2 | Price: CHF 100.- | Language: English.
For inquiries, please send an email to : constantin.khovrin@gmail.com
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