Protecting Minority Shareholders In Private Companies In Saudi Arabia And Dubai
مؤلف: محمود حمزة المدنيnone
Minority shareholders can benefit from special rights. These may be stipulated in the company’s articles of association or they may be agreed upon through a shareholders’ agreement concluded afterward and enforced in a UAE court. Shareholders in companies in Dubai have a certain right to disclosure of information. They are entitled to knowing complete and accurate information about the financial position of the company and its evolution. Mahmoud H. Almadani, The Reform of Minority Shareholders Protection in Saudi Arabia and Dubai in Private Companies, The University of Leeds School of Law, 2011, p. 69. 69. Google Scholar
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Minority shareholders in C corporations based in any state have the right to view company records and financial statements. The request to view company documents is made in writing, and the minority shareholder is often held responsible for any copying expenses associated with the request.
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