The Supreme Court Civil Tribunal held its 11th meeting on August 5, 2014 and adopted two resolutions that are related to the Company Act. The first resolution declares that the 63 Tai Shang Tzu No. 965 precedent will henceforth be abrogated. The precedent had held that a resolution passed in a shareholders’ meeting without the required quorum is not void per se but is subject to shareholders’ petition to a court for annulment of such resolution. The Civil Tribunal meeting’s second resolution provides that if the shareholders present at a shareholders’ meeting do not constitute a quorum as required by Article 174 of the Company Act, any resolution passed by the shareholders’ meeting will not be valid.