Can minority shareholders in Ethiopia force an EGM if directors refuse to call one?

Question

I own a small percentage of shares in a private company and suspect the board is approving related-party transactions without proper disclosure. We requested an extraordinary general meeting, but the directors are ignoring us. What legal steps and timelines apply to compel a meeting and review the resolutions?

Legal Eagles Law Firm · Accepted Answer

Under Ethiopian law, minority shareholders can request an extraordinary general meeting. If the board refuses, you may escalate the request through the company auditor or Supervisory Board, and ultimately petition the court to compel the meeting. It’s also advisable to document your concerns about related-party transactions for review at the EGM.

Can minority shareholders in Ethiopia force an EGM if directors refuse to call one?

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