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Can the indebted shareholders of a limited liability company withdraw their shares?
1. Can the indebted shareholders of a limited liability company withdraw their shares?

1. The responsible shareholders of a limited liability company may withdraw their shares. In any of the following circumstances, the shareholders who voted against the resolution of the shareholders' meeting may request the company to purchase its shares at a reasonable price:

(1) The company has not distributed profits to shareholders for five consecutive years, but the company has made profits for five consecutive years, which meets the conditions for distributing profits stipulated in this Law;

(2) The merger, division or transfer of the company's main property;

(3) Upon the expiration of the business term stipulated in the Articles of Association or other reasons for dissolution stipulated in the Articles of Association, the shareholders' meeting adopts a resolution to amend the Articles of Association to make the Company survive.

2. Legal basis: Article 73 of the Company Law of People's Republic of China (PRC).

After the equity is transferred in accordance with the provisions of Articles 71 and 72 of this Law, the company shall cancel the capital contribution certificate of the original shareholder, issue the capital contribution certificate to the new shareholder, and modify the records of shareholders and their capital contribution in the Articles of Association and the register of shareholders accordingly. There is no need to vote at the shareholders' meeting to amend the Articles of Association this time.

Article 75

Inheritance of shareholder qualification After the death of a natural person shareholder, his legal successor may inherit shareholder qualification; However, unless otherwise stipulated in the articles of association.

2. What are the ways for shareholders of a limited company to withdraw their shares?

The ways for shareholders of a limited company to withdraw shares are as follows:

1. Transferring the equity to other shareholders can be completed as long as the transfer price is reached, the agreement is signed, and the change procedures are completed, which is relatively the simplest way;

2. When transferring the equity to a third party other than the shareholders of the company, generally speaking, the acquisition of equity as an external third party will first depend on whether the company has development prospects. Generally speaking, no one will buy a company on the verge of bankruptcy. Generally speaking, the transfer of equity to the outside world must go through legal procedures, and other shareholders can exercise the preemptive right;

3. The company repurchased equity.