Whether the contract signed by shareholders is valid according to law. An effective contract should have the following elements: a party with corresponding civil capacity; Meaning is truth; The contents of the contract are legal and do not violate public order and good customs. Where a shareholder signs a contract in the name of the company, he shall also have the corresponding agency authority.

legal ground

Article 143 of the Civil Code of People's Republic of China (PRC)

A civil juristic act that meets the following conditions is valid:

(1) The actor has corresponding capacity for civil conduct;

(2) the meaning is true;

(three) does not violate the mandatory provisions of laws and administrative regulations, and does not violate public order and good customs.

Article 153

A civil juristic act that violates the mandatory provisions of laws and administrative regulations is invalid. However, unless mandatory provisions do not invalidate civil legal acts.

A civil legal act that violates public order and good customs is invalid.