A shareholder wants an inquiry into how the company is run in a family-owned company

You are deciding whether to force an inquiry into the company's affairs, and in a family-owned company that decision usually collides with kinship as much as with corporate law and governance. Three routes are open to you: an inquiry request to the Enterprise Chamber, a buy-out claim, or a negotiated exit. Each carries a different cost, a different timeline, and a deadline that is already running under the applicable Dutch rules.

Where you stand

You hold shares in a company controlled, in practice, by family members who set the agenda, the salaries and the flow of information. You suspect mismanagement, self-dealing or a breach of the duties owed to the company, but you cannot get the board to explain itself. Nothing you have tried informally has produced documents, minutes or a credible answer. That combination is the fact pattern the routes below are built to address.

What happens if nothing is done

Silence favours whoever currently controls the company, because information stays with the board and decisions continue without your input. Positions taken now, including distributions, related-party transactions and appointments, become harder to unwind the longer they stand. A claim you delay may still be available, but the evidence around it degrades: memories fade, documents are archived or lost, and informal understandings become one person's word against another's. Waiting is a choice with a cost, even where the underlying dispute stays the same.

The routes open to you

RouteWhat it doesTypical durationWhat drives the cost
Inquiry request to the Enterprise ChamberAn investigator appointed by the court examines the company's policy and conduct, and the court can order interim measures while the inquiry runsMonths from filing to a first order, longer where interim measures are contestedCourt fee, the investigator's fees as set by the court, the number of respondents named
Buy-out claimOne shareholder is ordered to sell shares, or to buy the others out, at a price the court sets or approvesTypically longer than an inquiry alone, often exceeding a year where valuation is disputedValuation methodology, whether an independent expert is appointed, appeal risk
Negotiated exit outside courtShareholders agree a valuation and exit terms directly, usually through a formal shareholders' agreement or amendmentWeeks to a few months, where both sides want a clean exitNumber of advisers involved, whether a formal valuation is commissioned, translation if a party lives abroad

An inquiry request is usually the fastest way to get disclosure and interim relief. A buy-out claim is the route where the real goal is an exit at a fair price, not disclosure. A negotiated exit is only realistic where enough trust remains between family members to sit down together.

What we would need to see before advising

  • The company's articles of association and any shareholders' agreement between the family members
  • Recent annual accounts, board minutes and any correspondence already sent to the board
  • A short account, in your own words, of what you asked for and what response you received
  • Your shareholding percentage and any voting or transfer restrictions attached to it
  • Whether another shareholder has already taken legal advice or started a procedure

The deadline that runs

A limitation period applies to claims arising from mismanagement or breach of duty, and it runs under the applicable Dutch rules from the moment you knew, or should have known, of the conduct. An inquiry request itself is not subject to the same limitation logic, but delay weakens the case for urgency that the Enterprise Chamber weighs when deciding on interim measures. Waiting to see whether the family situation improves is itself a decision, and it uses part of the time you have.

What this does not cover

  • It does not cover a dispute that is purely about the value of the shares with no allegation of mismanagement; that sits with a buy-out claim, not an inquiry
  • It does not cover disputes governed by a jurisdiction other than the Netherlands, even where family shareholders live abroad
  • It does not resolve a personal or family conflict with no corporate dimension; that is a matter for family counsel, not this practice
  • It does not include valuation of the shares themselves; where the ownership chain needs independent verification, a structure report is a separate instrument

Questions

Can a minority shareholder request an inquiry alone?

A single shareholder can request an inquiry if their holding meets the threshold set under the applicable Dutch rules, or the articles set a lower bar. Family-owned companies sometimes set different thresholds in their own articles, so check those first.

Will the inquiry become public?

Enterprise Chamber proceedings are, in general, public, and the eventual report can become part of the public record. Family shareholders concerned about reputation should weigh this before filing, not after.

Can the other shareholders block an inquiry by buying me out first?

An offer made after a request is filed does not automatically end the proceedings; the court decides whether the inquiry continues. An offer made before filing is a live alternative and should be assessed on its terms, not dismissed on principle.

Does an inquiry replace a buy-out claim?

No. An inquiry produces findings and can trigger interim measures, but it does not itself transfer shares or set a price. Many disputes use an inquiry to obtain disclosure, then move to a buy-out claim once the facts are established.

What if the company is Dutch but the family lives abroad?

Dutch law and the Dutch court retain jurisdiction where the company itself is incorporated in the Netherlands, regardless of where the shareholders live. Cross-border service of documents and translation add time; they do not change which court decides.

Author

Eva Kuipers, Governance and the Enterprise Chamber. She advises shareholders and boards on disputes that reach the Enterprise Chamber, including inquiry requests and interim measures.

Next step

Start with a scoping call: thirty minutes to walk through the documents listed above and confirm which of the three routes fits your position under Dutch law. Where the dispute involves related entities abroad, a structure report sets out the ownership chain before you file anything. This brief sits within our work on shareholder disputes.

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Last legal review: 2026-10-06