Which group has the right to dissent and appraise shares according to the Revised Corporation Code?

In the context of the Revised Corporation Code, minority shareholders have the right to dissent and appraise shares in specific situations. This right is particularly important because it provides a safeguard for minority shareholders against decisions made by the majority that may adversely affect their investment or ownership stake.

When significant corporate changes occur, such as mergers, consolidations, or amendments to the articles of incorporation that might limit the rights of minority shareholders or reduce the value of their shares, these shareholders can exercise their right to dissent. This allows them to demand a fair value for their shares, ensuring that they are compensated instead of being forced to remain invested under unfavorable conditions.

This right specifically empowers minority shareholders to protect their interests and contributes to a more balanced power dynamic within the corporation, where their voices can be heard and valued in corporate decision-making processes. Other groups like majority shareholders, stakeholders, or corporate officers do not have this specific dissenting right codified for protecting their share value under similar circumstances.