How to leave a joint stock company

If necessary, one of the participants in a closed joint-stock company may withdraw from it. The procedure for terminating membership in a closed joint-stock company is determined by the current legislation on joint-stock companies and the charter of the organization.

You will need

• - Charter of the company;

• - register of a joint stock company;

• - transfer order;

• - notice of the meeting of shareholders.

Instruction manual

1

Study the charter of a closed joint-stock company. This document is compiled during the creation of the organization and contains the legal basis for the activities of the company. The procedure for the procedure for shareholders to leave the company should also be prescribed there. In most cases, an exit from a closed joint-stock company can be made if the meeting of shareholders decides to purchase a block of shares of a participant who intends to leave the company.

2

Notify in writing the remaining members of the company of the need for an extraordinary meeting of shareholders. The reason for convening the meeting will be your desire to leave the joint-stock company and stop participating in its activities.

3

Agree with the rest of the company to sell them your part of the shares of the company. This operation does not need a notary certification and state registration. The contract of sale may be drawn up in simple written form. If there is no disagreement or conflict, the information on the sale of shares and the shareholder’s withdrawal from the company is entered into the company's internal document - the register of shareholders.

4

Compose and sign the transfer order, which is necessary for another person to acquire ownership of the securities. This document must certainly contain data on the purchase price of your shares. After that, the transfer of ownership of the block of shares will be carried out, which exempts the former owner from fulfilling the duties of a member of a joint stock company.

5

In the event that you want to transfer your shares to a third party, seek the consent of other members of the joint-stock company, unless otherwise provided in the charter. Remember that current shareholders have a priority right to acquire your shares.

6

If there is a disagreement or conflict between you and other members of the community, contact the judiciary. In the statement of claim, reflect your intention to receive the portion of the funds due to you, which is determined by the share of your shares. If the court decides in your favor, the company will be obliged to pay you a share of the funds by force.