Gazette Case: Zhang Jianzhong v. Yang Zhaochun
A nominee-shareholding arrangement between a beneficial investor and a nominee shareholder is valid absent statutory invalidity, but a request to register the beneficial investor as shareholder must still satisfy the transfer and other-shareholder-consent rules for a limited liability company.
Holding
A nominee-shareholding arrangement between a beneficial investor and a nominee shareholder is valid absent statutory invalidity, but a request to register the beneficial investor as shareholder must still satisfy the transfer and other-shareholder-consent rules for a limited liability company.
Issues
beneficial investor and nominee shareholdervalidity of nominee-shareholding agreementmajority consent of other shareholders