Shareholder convention

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Shareholder convention

Certain basic rules relative to the transfer of actions are often included in the statutes or regulations of the corporation. When the shareholders seek to increase the extent of the protection applying to their interests and those of the corporation, a shareholder convention becomes essential and can be composed.

The shareholder convention habitually has an objectives the following, amongst others:

  • Foreseeing dispositions for the eventuality of a shareholders departing or passing away
  • Answering all questions regarding the administration of the corporation in advance, and anticipate mechanisms for conflict resolution between shareholders
  • Maintaining the private character of the corporation so as to avoid third parties becoming shareholders
  • Ensuring that a proportional number of shares between shareholders is maintained

We are able to compose a shareholder convention customized to your precise needs for you.

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