Reported 8 months ago
In a recent case, a dispute arose over a technology company where one of the founders, Ada, who held key technologies and served as chairman, refused to convene board meetings, leading to financial discrepancies and legal issues. After legally replacing Ada as chairman, Ada refused to hand over the company seal. The process to reclaim the seal involves notifying the Ministry of Economic Affairs, and failure to return the seal could lead to criminal charges. The article highlights the legal implications and risks associated with the unlawful possession and use of company seals in business disputes.
Source: YAHOO