Court of Cassation, Civil Division, 26 April 2021, order no. 10986
SUSPENSION OF THE RESOLUTION TO EXCLUDE A SHAREHOLDER AS A PRECAUTIONARY MEASURE
In an order filed on 26 April 2021, the Court of Cassation, reaffirming the ruling in order no. 24939 of 7 Octorber 2019, held that the suspension of the shareholders' meeting resolution to exclude a shareholder, ordered as a precautionary measure, is protective in nature. Consequently, if the proceedings on the merits relating to the appeal against the suspended resolution are extinguished, the protective measure loses its effectiveness.