Publication
Transferring shareholder’s potential continued liability for capital contributions under China’s New Company Law
On 24 December 2024, the Supreme People’s Court of the People’s Republic of China (the SPC) issued the Reply on Non-retrospectivity of Paragraph 1, Article 88 of the Company Law of the People’s Republic of China (in Chinese: 关于《中华人民共和国公司法》第八十八条第一款不溯及适用的批复) (the SPC Dec. Reply), which took immediate effect.