Reference Case: Unpaid Contribution, Termination of Shareholder Status, and Dividend Rights on Execution Review

Where the charter provides that dividends are distributed according to paid-in contributions, a registered shareholder who has not actually paid in capital does not enjoy a dividend claim despite nominal shareholding. In external relations, however, if the shares were already frozen by a court and the internal resolution terminating shareholder status was adopted only afterward without completion of registration change, that internal resolution cannot automatically defeat the interests protected in the execution process.