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Compensation after exclusion from a GmbH: valuation and payment

After exclusion from a GmbH, the compensation basis, valuation date, information and payment must be reviewed separately.

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After a shareholder is excluded, the dispute often shifts to compensation. The value should not be inferred prematurely from one annual account or a general figure.

The exclusion basis, articles, valuation method, valuation date, information available and payment terms are decisive.

Compensation after exclusion from a GmbH: valuation and payment

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01 Question 1

Which compensation issue is open?

All paths at a glance

Overview of all answers.

01

Separate exclusion basis from valuation

Secure the articles, resolution, exclusion notice and contractual valuation rules. Compensation needs a clear basis; its amount is not automatically determined by the exclusion resolution.

02

Define information and payment precisely

Identify the missing documents, requested calculation and outstanding payment. A payment dispute may have a different legal consequence from a dispute about the exclusion itself.

Do not merge exclusion and compensation

The article on shareholder exclusion does not automatically determine the compensation amount. Read the exclusion clause, resolution and valuation rule together.

Also review whether the affected shareholder was subject to a voting ban and how the result was determined.

Secure the valuation date and documents

A valuation date may follow from the articles, agreement or specific legal consequence. It must not be replaced by an unverified practice assumption. Secure annual accounts, interim figures, contracts, liabilities and relevant business opportunities.

Shareholder status may matter when identifying who can demand information or payment.

Treat calculation and payment as separate claims

Organise the valuation basis, information, calculation, maturity and payment as separate points. A claim for documents is not identical to a quantified payment claim.

The article on compensation after termination concerns a different exit route. This article focuses on exclusion.

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Frequently asked questions

Is compensation quantified automatically by the exclusion?

No. The basis, valuation rule, valuation date and calculation must be reviewed.

Can the valuation date be chosen freely?

That depends on the articles, agreement and specific legal consequence.

Which documents should be collected first?

The articles, resolution, exclusion notice, annual accounts, interim figures, valuation documents and payment records.

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