Despite the diversity of legal discussions resulting from the shareholder’s right to vote, it seems that par. 1 of article 110of Law No. 6,404/1976 has not been the object of sufficiently in-depth analysis to extract the exact meaning and scope of the rule contained in that legal text. In this scenario, this paper aims to analyze the a-forementioned Law provision, in order to demonstrate the possibility that the company’s bylaws limit the number of votes of each share-holder based on the shareholder itself (and not only based of the type of stock that the shareholder holds).
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Mauricio Moreira Mendonça de Menezes
Nicholas Furlan Di Biase
