Sina Finance and Economics News Nov. 19, at the 4th Provisional Shareholders'Meeting of Le Video Network in 2018, Vice General Manager of Le Video Network, Dong Mibaibing, said that according to the information we have learned, the company's repurchase responsibility required by the lawsuit at present is not fulfilling the relevant provisions of Article 16, paragraph 1, of the Company Law, and we are also in the company law. In the process of active appeal, it is doubtful to judge the legal benefits of this part of repurchase liability.
In view of a series of related guarantee cases such as Lexus Sports, we will first respond to the lawsuit, in order to avoid the company to undertake the corresponding guarantee responsibility, in order to protect the relevant interests of small and medium shareholders. Ten thousand steps back, if the company loses the lawsuit, the listed company still has the right to continue to recourse and prosecute to the responsible person and the related company, and it is the full rights for the repurchase, litigation compensation liability and debt that the listed company may bear.
Waonews is a news media from China, with hundreds of translations, rolling updates China News, hoping to get the likes of foreign netizens