Shareholder Rights Protection

What stake allows demanding the convening of a meeting?

A written demand by a holder of at least 5 percent of the capital; the governing body publishes its decision on convening the meeting within 10 days of receipt.

When can information be refused at the general meeting?

If it could cause the company significant harm, would disclose confidential information, or the answer has already been published on the website; the refusal may be appealed within 15 days of the drafting of the minutes.

What is a shareholder's claim for the benefit of the company?

A claim brought in the shareholder's own name for the company's benefit; it generally requires 90 days to have passed since a written demand to the company.

When is the buy-out of a minority shareholder mandatory?

When the buyer owns not less than 95 percent of the votes — the remaining shares may be bought out at a fair price by decision of the court.

7 min·9 Jan 2026

Shareholder rights protection, especially for minority partners, is the foundation of healthy corporate governance. Small shareholders often feel vulnerable to the dominance of majority shareholders who control company management and decisions. However, the "Law on Entrepreneurs" of Georgia grants partners a wide range of rights, from receiving information to conducting special audits and convening meetings. The shareholder rights protection service on Legal.ge aims to ensure your voice is heard and your investment protected. Our lawyers help you use legal leverage to prevent share devaluation, dividend concealment, or other forms of oppression.

What Does Shareholder Rights Protection Service Cover?

Experts on Legal.ge offer proactive and reactive legal assistance:

Ensuring Access to Information: Exercising the legal right to request financial documentation, contracts, and minutes.
Convening Meetings: The right of 5% shareholders to convene an extraordinary meeting with a specific agenda (e.g., dismissal of a director).
Appointing Special Audit: Appointing an independent auditor via court to check suspicious transactions.
Share Buyout Request: The right to demand the company buy out your shares at a fair price if you disagree with a decision that materially infringes on your rights.
Fighting Dilution: Exercising and protecting pre-emptive rights during capital increases.

Updated: 15 Oct 2026

Legal basis:

Shareholder Relations

Shareholder Rights Protection

What stake allows demanding the convening of a meeting?

A written demand by a holder of at least 5 percent of the capital; the governing body publishes its decision on convening the meeting within 10 days of receipt.

When can information be refused at the general meeting?

What is a shareholder's claim for the benefit of the company?

A claim brought in the shareholder's own name for the company's benefit; it generally requires 90 days to have passed since a written demand to the company.

When is the buy-out of a minority shareholder mandatory?

When the buyer owns not less than 95 percent of the votes — the remaining shares may be bought out at a fair price by decision of the court.

7 min·9 Jan 2026

What Does Shareholder Rights Protection Service Cover?

Experts on Legal.ge offer proactive and reactive legal assistance:

Ensuring Access to Information: Exercising the legal right to request financial documentation, contracts, and minutes.
Convening Meetings: The right of 5% shareholders to convene an extraordinary meeting with a specific agenda (e.g., dismissal of a director).
Appointing Special Audit: Appointing an independent auditor via court to check suspicious transactions.
Share Buyout Request: The right to demand the company buy out your shares at a fair price if you disagree with a decision that materially infringes on your rights.
Fighting Dilution: Exercising and protecting pre-emptive rights during capital increases.

Updated: 15 Oct 2026

Legal basis: