Can minority shareholders in Italy challenge a board decision that bypassed proper meeting notice?

Italyで
最終更新日: Jan 12, 2026
I own a small stake in an Italian company and the board approved a major contract without giving the notice required by our bylaws. I only found out after the decision was implemented and it may harm shareholders. What remedies are available and what deadlines apply to contest the resolution?

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Studio Legale Sottocasa

Studio Legale Sottocasa

Jan 13, 2026

If notice rules in the bylaws were skipped and the decision harms shareholders, minorities can act—timing is key.


First check: is it an S.p.A. or an S.r.l.?


S.p.A.




  • Challenge the board resolution if it violates law/bylaws and injures shareholder rights (art. 2388 c.c. with rinvio to art. 2377 c.c.). Deadline: 90 days from knowledge/registration.




  • Ask for urgent suspension of effects (art. 700 c.p.c.).




  • Liability action vs directors if damages (arts. 2393, 2393-bis c.c.).




  • Serious irregularities: petition ex art. 2409 c.c.




  • Call a meeting if ≥10% (or lower bylaw threshold) (art. 2367 c.c.).




S.r.l.




  • Challenge members’ decisions not compliant with law/statute (art. 2479-ter c.c.). Deadline: 90 days (nullità: 3 years or no limit in the cases set by law).




  • Directors’ conduct: information/inspection + liability tools (art. 2476 c.c.); 2409 usable where serious irregularities recur.




  • Precautionary suspension available where needed (art. 700 c.p.c.).




Do now




  1. Obtain minutes/board file; verify organ and date.




  2. Calendar the 90-day term immediately.




  3. Prepare impugnation + art. 700 for suspension; in parallel evaluate 2393/2393-bis (or 2476) and, if systemic, 2409.



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