Database Case: Han Mou'e et al. v. Yao Mou and a Logistics Company
For a pre-July 1, 2024 transfer of shares carrying unmatured contribution duties, liability is determined under the prior Company Law. A zero-price transfer to a person plainly unable to contribute, made when the company faced a concrete major liability, constituted bad-faith evasion and left the transferor supplementarily liable within the unpaid amount.
Holding
For a pre-July 1, 2024 transfer of shares carrying unmatured contribution duties, liability is determined under the prior Company Law. A zero-price transfer to a person plainly unable to contribute, made when the company faced a concrete major liability, constituted bad-faith evasion and left the transferor supplementarily liable within the unpaid amount.
Issues
transfer before contribution deadlinezero-price transferbad-faith evasion of contribution dutiestemporal application of Article 88