International Journal of Frontiers in Sociology, 1969, 8(1); doi: 10.25236/IJFS.2026.080108.
Xiang Fangning
China Jiliang University, Hangzhou, China
This article starts with Article 24 of the judicial interpretation (III) of the Company Law to discuss whether "more than half" of the Company Law includes the number of the number. In theory and practice, there are mainly two different views on this: one view combines Article 71 of the Company Law and the importance of the majority principle in company decision -making, believing that "more than half" does not include the number itself; Another viewpoint is based on the interpretation of "more than half" in China's Civil Code, which includes the original number and the principle of integration of civil and commercial law. It is believed that "more than half" should include the original number. This article analyzes and compares the provisions of the Company Law that include "more than half" and "more than half", and argues that the nominalization of dormant shareholders can be compared to equity transfer,the importance of the "majority decision principle" in companies, and the fact that the provisions containing "more than half" in the Civil Code do not apply to commercial rules.
Nominalization of dormant shareholders; Equity transfer; More than half; majority
Xiang Fangning. Interpretation of "More than Half" and "More than Half" in the Company Law——Starting from Article 24 of the Judicial Interpretation (III) of the Company Law. International Journal of Frontiers in Sociology (2026), Vol. 8, Issue 1: 64-72. https://doi.org/10.25236/IJFS.2026.080108.
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