The company's CEO, although holding only a minority stake, took a number of actions to divest joint assets and enter into contracts on non-market terms.
When this came to light, the first step was to conduct the necessary corporate procedures to change the director. However, the corporation's articles of association were drafted in such a way that general meetings were largely the responsibility of a minority shareholder.
Thanks to a strategy carefully developed by RussianLegal's lawyers and despite repeated attempts by the second shareholder to disrupt the meeting on spurious grounds, all the necessary corporate actions were carried out and the registration authority confirmed their legality.
