| ID: |
TARP-144 |
| Title: |
Nanyue Gongmao Industry Company & Communion Association of Cultural development between Mainland China and Taiwan v. Industrial and Commercial Administrative Bureau of Zhanjiang, Guangdong Province |
| Source: |
State Information Center: State Regulations Database |
| Parties: |
Nanyue Gongmao Industry Company & Communion Association of Cultural development between Mainland China and Taiwan v. Industrial and Commercial Administrative Bureau of Zhanjiang, Guangdong Province |
| Dispute Resolution Organ: |
First instance: Zhanjiang Intermediate People’s Court; Court of appeal (final): Superior People’s Court of Guangdong Province |
| Year: |
1999 |
| Pages: |
0 |
| Author(s): |
|
| Keywords: |
administrative reconsideration, China, enterprise, equity, investment, joint venture, registration, transparency |
| Abstract: |
Hualijin Company Ltd. Of Zhanjian was a Chinese and foreign equity joint venture subject to approval in 1993. Due to the fact that one party, the original Taiwan Association failed to make the investment, the enterprise could not run. It was decided by the board of directors that the original Taiwan Association quit and was replaced by the Hong Kong Taihua Company. This was also approved by the original approval organization. The Hong Kong Taihua Company invested according to the contract and the enterprise operated more than two years. The two plaintiffs, one of which was new Taiwan Association, now applied to the defendant for canceling the shareholder registration of the Hong Kong Taihua Company. The defendant decided to dismiss the application. The plaintiffs applied to the Industrial and Commercial Administrative Bureau for administrative reconsideration, which confirmed the defendant’s decision. The plaintiffs sued. |
| Secured: |
False |
| Download Article: |
Available here |
Keywords: administrative reconsideration, China, enterprise, equity, investment, joint venture, registration, transparency
