The first instance ruling fully rejected the claim raised by the minority shareholder, who challenged the meeting of shareholders alleging it was contrary to the calling deadlines established in art. 236 LSC; because the majorities did not comply with the terms of art. 160 LSC; challenging the financial statements for being negligently drafted; and, that its chairman voted on acts of her own conduct, contrary to art. 241 LGS. The Court of Appeal fully confirmed the appealed ruling, and the SCJM formally rejected the appeal filed by the plaintiff.
