May 31, 2010
---------------------
Monday
>>>Welcome visitor, you're not logged in.
Login   Subscribe Now!
Home User Management About Us Chinese
  Bookmark   Download   Print
Search:  serch "Fabao" Window Font Size: Home PageHome PageHome Page
 
Guiding Case No. 67: Tang Changlong v. Zhou Shihai for Dispute over Equity Transfer
指导案例67号:汤长龙诉周士海股权转让纠纷案
【法宝引证码】
 
  
Guiding Case No. 67: Tang Changlong v. Zhou Shihai for Dispute over Equity Transfer 

指导案例67号:汤长龙诉周士海股权转让纠纷案

(Issued on September 19, 2016, as deliberated and adopted by the Judicial Committee of the Supreme People's Court) (最高人民法院审判委员会讨论通过2016年9月19日发布)

Keywords civil; equity transfer; payment in installments; rescission of contract 关键词 民事 股权转让 分期付款 合同解除
Key Points of Judgment 【裁判要点】
Where the transferee delays or refuses the payment of the transfer price in installments for equities in a limited liability company or otherwise defaults, and the transferor requires rescission of the equity transfer contract between them, the provision of Article 167 of the Contract Law of the People's Republic of China that the seller under a sales contract with payment in installments may rescind the sales contract if the amount of installments past due reaches one fifth of the total price should not apply. 有限责任公司的股权分期支付转让款中发生股权受让人延迟或者拒付等违约情形,股权转让人要求解除双方签订的股权转让合同的,不适用《中华人民共和国合同法》第一百六十七条关于分期付款买卖中出卖人在买受人未支付到期价款的金额达到合同全部价款的五分之一时即可解除合同的规定。
Legal Provisions 【相关法条】
Articles 94 and 167 of the Contract Law of the People's Republic of China 中华人民共和国合同法》第94条、第167条
Basic Facts 【基本案情】
On April 3, 2013, plaintiff Tang Changlong and defendant Zhou Shihai concluded an Agreement on Equity Transfer and an Agreement on Payment in Installments of Equity Transfer Price, under which they agreed that: Zhou Shihai should transfer 6.35% of the equities of Chengdu Shuangxing Electronic Appliance Co., Ltd. of Qingdao Transformer Group held by him to Tang Changlong, for a total price of 7.1 million yuan to be paid in four installments: paying 1.5 million yuan on April 3, 2013, 1.5 million yuan on August 2, 2013, 2 million yuan on December 2, 2013, and 2.1 million yuan on April 2, 2014. The agreements should take effect upon signatures of both parties, and they would never regret. After the conclusion of the agreements, Tang Changlong paid Zhou Shihai the first installment of 1.5 million yuan on April 3, 2013, as agreed on. Since Tang Changlong failed to pay the second installment within the prescribed time limit as agreed on, on October 11 of the same year, Zhou Shihai served a Notice of Rescinding Agreement upon Tang Changlong by notarization to rescind the Agreement on Payment in Installments of Equity Transfer Price on the ground that Tang Changlong committed a fundamental breach of contract. On the following day, Tang Changlong paid Zhou Shihai the second installment of 1.5 million yuan by wire transfer, and performed his obligations of paying the third and fourth installments as scheduled in the agreed amounts. Zhou Shihai refunded the four equity transfer payments made by Tang Changlong on the ground that the Agreement had been rescinded. Tang Changlong filed a lawsuit with the people's court, requesting the court to confirm that the Notice of Rescinding Agreement issued by Zhou Shihai was invalid and order Zhou Shihai to continue performance of the Agreement. 原告汤长龙与被告周士海于2013年4月3日签订《股权转让协议》及《股权转让资金分期付款协议》。双方约定:周士海将其持有的青岛变压器集团成都双星电器有限公司6.35%股权转让给汤长龙。股权合计710万元,分四期付清,即2013年4月3日付150万元;2013年8月2日付150万元;2013年12月2日付200万元;2014年4月2日付210万元。此协议双方签字生效,永不反悔。协议签订后,汤长龙于2013年4月3日依约向周士海支付第一期股权转让款150万元。因汤长龙逾期未支付约定的第二期股权转让款,周士海于同年10月11日,以公证方式向汤长龙送达了《关于解除协议的通知》,以汤长龙根本违约为由,提出解除双方签订的《股权转让资金分期付款协议》。次日,汤长龙即向周士海转账支付了第二期150万元股权转让款,并按照约定的时间和数额履行了后续第三、四期股权转让款的支付义务。周士海以其已经解除合同为由,如数退回汤长龙支付的4笔股权转让款。汤长龙遂向人民法院提起诉讼,要求确认周士海发出的解除协议通知无效,并责令其继续履行合同。
...... 另查明,2013年11月7日,青岛变压器集团成都双星电器有限公司的变更(备案)登记中,周士海所持有的6.35%股权已经变更登记至汤长龙名下。
 【裁判结果】
 四川省成都市中级人民法院于2014年4月15日作出(2013)成民初字第1815号民事判决:驳回原告汤长龙的诉讼请求。汤长龙不服,提起上诉。四川省高级人民法院于2014年12月19日作出(2014)川民终字第432号民事判决:一、撤销原审判决;二、确认周士海要求解除双方签订的《股权转让资金分期付款协议》行为无效;三、汤长龙于本判决生效后十日内向周士海支付股权转让款710万元。周士海不服四川省高级人民法院的判决,以二审法院适用法律错误为由,向最高人民法院申请再审。最高人民法院于2015年10月26日作出(2015)民申字第2532号民事裁定,驳回周士海的再审申请。
 ......



Dear visitor,you are attempting to view a subscription-based section of lawinfochina.com. If you are already a subscriber, please login to enjoy access to our databases . If you are not a subscriber, please subscribe . You can purchase a single article through Online Pay to immediately view and download this document. Should you have any questions, please contact us at:
+86 (10) 8268-9699 or +86 (10) 8266-8266 (ext. 153)
Mobile: +86 133-1157-0712
Fax: +86 (10) 8266-8268
database@chinalawinfo.com


 


您好:您现在要进入的是北大法律英文网会员专区,如您是我们英文用户可直接 登录,进入会员专区查询您所需要的信息;如您还不是我们 的英文用户,请注册并交纳相应费用成为我们的英文会员 ;您也可通过网上支付进行单篇购买,支付成功后即可立即查看本篇案例 。如有问题请来电咨询;
Tel: +86 (10) 82689699, +86 (10) 82668266 ext. 153
Mobile: +86 13311570712
Fax: +86 (10) 82668268
E-mail: database@chinalawinfo.com


     
     
【法宝引证码】        北大法宝www.lawinfochina.com
Message: Please kindly comment on the present translation.
Confirmation Code:
Click image to reset code!
 
  Translations are by lawinfochina.com, and we retain exclusive copyright over content found on our website except for content we publish as authorized by respective copyright owners or content that is publicly available from government sources.

Due to differences in language, legal systems, and culture, English translations of Chinese law are for reference purposes only. Please use the official Chinese-language versions as the final authority. lawinfochina.com and its staff will not be directly or indirectly liable for use of materials found on this website.

We welcome your comments and suggestions, which assist us in continuing to improve the quality of our materials.
 
Home | Products and Services | FAQ | Disclaimer | Chinese | Site Map
©2012 Chinalawinfo Co., Ltd.    database@chinalawinfo.com  Tel: +86 (10) 8268-9699  京ICP证010230-8