有限责任公司股权转让限制问题研究

Research on the Restriction of Equity Transfer in Limited Liability Companies

我国《中华人民共和国公司法》(以下简称《公司法》)对股权转让限制问题规定在第七十一条,表述为“公司章程对股权转让另有规定的,从其规定”。这一原则性规定,赋予了有限责任公司章程对于股权转让的自治权,然而由于此款表述过于原则化,导致在理论上和实践上存在不同的理解与适用。明确优先购买权的“同等条件”、“反悔权”的适用以及股权转让限制范围确有必要。

The Company Law of the People’s Republic of China (hereinafter referred to as the “Company Law”) stipulates the restrictions on equity transfer in Article 71, which is expressed as “if the articles of association have other provisions on equity transfer, such provisions shall prevail”. This principle provision grants autonomy to the articles of association of limited liability companies regarding equity transfer. However, due to the overly principled expression of this clause, there are different interpretations and applications in theory and practice. It is indeed necessary to clarify the application of the “equal conditions” and “right of estoppel” of the right of first refusal, as well as the scope of restrictions on equity transfer.