Other shareholders know that I am the actual investor — can my shareholder status be confirmed directly?
Not necessarily. The fact that the other shareholders knew of the nominee shareholding relationship and raised no objection is an important factor supporting the actual investor’s registration as a shareholder of record, but the condition under Article 24 of Judicial Interpretation III of the Company Law — that “more than half of the other shareholders of the company consent” — must still be satisfied. Where more than half of the other shareholders consent to registration as a shareholder of record, the court may order the change of registration; where they do not consent, shareholder status may not be obtained, but you may require the nominee’s heir to liquidate the equity and pay you the consideration.
