Guiding Case No. 96

Guiding Case No. 96: Song Wenjun v. Xi'an Dahua Catering Co., Ltd.

Restrictions and buyback arrangements in a closely held company's initial articles may be valid if they do not violate mandatory company-law rules.

Holding

Restrictions and buyback arrangements in a closely held company's initial articles may be valid if they do not violate mandatory company-law rules.

Issues

initial articlestransfer restrictionscompany repurchase