Status requires review — We have not verified this source's current status.
Structural division: books › party › SECTION THREE
Article 355 — Investigation at the Request of Shareholders
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ The Ministry of Trade and Industry or any other relevant government authority shall, upon the request of shareholders representing at least ten percent of the capital of the company, appoint one or more inspectors to conduct an investigation and report on whether the management of the company has been conducted in a manner that jeopardizes the interest of minority shareholders or that of the company.
2/ The applicants shall share with the relevant government authority documents and information which they deem necessary.
3/ The applicants shall bear expenses incurred in connection with the investigation; However, where the investigation has revealed that the allegation is true, the company shall refund the expenses to the applicants.