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> This couldn't have happened in a western country. Because control of the company is not determined by control of the company seal in Western countries, but i
by joshuaissac 5y ago
> This couldn't have happened in a western country.
Because control of the company is not determined by control of the company seal in Western countries, but it is in China. A legal technicality that the shareholders need to get the courts to address.
But there are also technicalities in Western company laws that need judicial intervention, like dealing with directors acting against shareholders' interests in English company law.