November 26th, 2019 - 12:06 GMT
Minority shareholders (i.e. those with less than 50% of the shareholding) have certain legal rights under Oman’s new Commercial Companies Law (Royal Decree 18/2019) (the “CCL”) and these should be one of the first points to be considered by all parties, in the event of a shareholders dispute. This article revisits the rights of minority shareholders of a limited liability company (“LLC”) under the CCL. Access to the company accounts Minority shareholders have a right to access the company accounts. The managers of an LLC must send to all shareholders ...
