What Are Appraisal Rights?

The appraisal right of dissident shareholder is also called "the right of the company dissident", "the right of judicial appraisal of the dissident shareholder", "the right to request the dissent shareholder's shares", "the right to cancel the compensation or the right to withdraw". Shareholders who disagree with the company's major transaction matters submitted for voting at the shareholders' general meeting have the right to assess and assess the "fair value" of the company's shares held in accordance with legal procedures when the matter is approved by a majority vote of the general meeting The company uses this to buy back the shares, thereby realizing the right to withdraw from the company's investment. Its essence is the right of small and medium shareholders to cancel under certain conditions. ^[1]