If I disagree with a shareholders’ resolution, is it necessarily void?
Not necessarily. A minority shareholder’s dissenting vote does not prevent the resolution from being valid if it passes by more than half of the voting rights. Only the three statutory circumstances—’not formed,’ ‘void,’ or ‘voidable’—allow a court to set it aside; simply ‘I refuse to accept it’ is not a ground.
Source article: Can a Shareholders’ Resolution Be Revoked? Practical Offense and Defense in Actions for Defective Resolutions | Lawyer Kevin Jun Lin
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