Some believe that a partner holding a minority stake in a company lacks real influence vis-à-vis the majority partner or the company manager, and that accountability and oversight remain the exclusive domain of the majority holder. However, the Companies Law does not view the matter this way; while a majority stake grants greater decision-making influence, it does not deprive the minority partner of the right to be informed about company affairs or to hold management accountable. A partner who is not the manager has the right to review the company’s operations and examine its records and documents in accordance with statutory regulations—a crucial right, particularly when actual management lies with another partner. Furthermore, the law grants holders of the requisite share percentage the right to request the convening of a General Assembly meeting, thereby enabling them to raise issues concerning the company’s business and management with the other partners
More importantly, however, the regulation did not restrict the right to file a liability suit against the manager solely to holders of large stakes; it permitted—subject to specific conditions—one or more partners representing **5% of the company’s capital** to file the liability suit belonging to the company if the company itself fails to do so, provided the aim of the suit is to protect the company’s interests
This is where the importance of this right becomes evident; if a manager causes harm to the company through error, negligence, default, or a violation of the law or the articles of association, a partner’s small shareholding does not necessarily mean they must stand by and watch the damage occur. The law has established the principle of the manager's liability for damages arising from such actions
However, a distinction must be made between disagreeing with a manager over a business decision and establishing legal liability; not every decision resulting in a loss constitutes a violation, nor is every loss proof of mismanagement. Liability requires the presence of a fault, violation, or act of negligence, along with resulting damage and a causal link between the two. Thus, a partner may hold a small ownership stake, yet their rights are not necessarily insignificant
In corporations, the majority may make the decision, but the system does not leave the minority without oversight or protection
