This site makes use of Javascript, please enable your web browser to allow Javascript. Thank you.

The Measures of the State Administration for Industry and Commerce for Registration of Share…

October 1, 2008

The State Administration for Industry and Commerce (the "SAIC") issued "The Measures of the State Administration for Industry and Commerce for Registration of Share Pledge," with an effective date of October 1, 2008. The Measures provide for the procedures for registering the pledge of shares of a limited liability company or company limited by shares with local Administrations for Industry and Commerce, which include procedures for registration of share pledge, amendments thereto and cancellation of the share pledge. According to the Property Rights Law of the PRC, the pledge of shares will not become effective before the registration.


Copyright ©2008 by Kaye Scholer LLP. All Rights Reserved. This publication is intended as a general guide only. It does not contain a general legal analysis or constitute an opinion of Kaye Scholer LLP or any member of the firm on the legal issues described. It is recommended that readers not rely on this general guide but that professional advice be sought in connection with individual matters. References herein to "Kaye Scholer LLP & Affiliates," "Kaye Scholer," "Kaye Scholer LLP," "the firm" and terms of similar import refer to Kaye Scholer LLP and its affiliates operating in various jurisdictions.

Also of Interest

Legal Services

Offices