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Is the equity transfer contract between shareholders without seal valid?
Invalid. Where a shareholder enters into a contract for the transfer of equity in the form of a contract, the contract is established when both parties sign or seal it, except that one shareholder has fulfilled his main obligations before signing or sealing it.

In addition, shareholders of a limited liability company may transfer all or part of their shares to each other. Shareholders' transfer of equity to persons other than shareholders shall be approved by more than half of other shareholders.

legal ground

Article 490 of the Civil Code stipulates that if the parties conclude a contract in the form of a contract, the contract is established when the parties sign, seal or press their fingerprints. Before signing, sealing or fingerprinting, one party has fulfilled its main obligations, and the contract is established when the other party accepts it.