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sociedade controladora

substantivo

partial

controlling shareholder

noun

Comparative law notes

In Brazil, the definition of controlling shareholder is given by section 243, paragraph 2 of Law No. 6404 of December 15, 1976 (known as the Corporations Act), which determines that controlling shareholder shall mean any shareholder that may, either directly or indirectly, control the company's decisions and has the authority to elect most of the company's managers.

Definitions of controlling shareholder

a shareholder who owns more than 50% of a company's voting shares

With 30% of the equity and 65% of the voting rights, they have become the company's new controlling shareholder.