河南省政法管理干部学院学报2007年第2期(总第101期)未经变更登记的股权转让不能对抗第三人吗?新公司法第三十三条规定质疑2005;,,:,,,;,,,,,,:,,,,,,[1],,,,,,,,,,,,,,,,,,[2],,,:,,,,,,,,,,[3],,,,,,,,,,,,,,,,,(),,,[4],,,,,,,,()(),:,,,,,,(),,,,,,;,,,,,,,,,,,(),,,,,,,,,,;,,,,,,,91,,,,,,,,,:(),2003,178,,,,,,,,(),;,,,,,,,,,,,,,,,,:,,,,;,,,,,,,,,,,,;,,,,,,[5],,,,,,,,,,,,,,,,,,,,,,,??,,,,,,,,,,,,,,,,,,AB,,,,B,,A,,AB92A,,,,,,,,,,,,,(),:,,;:,,,,,,,,,,,,,,,,[6],,,,,,,,?,,,,,,,,,;,,[7],,;,,,,,,,,,,,,,,,,,,[8],,,,,,,,,,,,,,,:,,:;,,,,,,,,,,,,,,;,,,,:[1]赵旭东股权转让与实际交付[2]李国光中国民商审判[M]北京:法律出版社,2002145[3]江平公司法教程(第二版)[M]北京:法律出版社,2003136[4]中华人民共和国公司法第32条[5]赵旭东股权转让与实际交付[6]刘俊海股份有限公司股东权的保护(修订本)[M]北京:法律出版社,2004119[7]中华人民共和国公司法第31条[8]StevenCBahis:ApplicationofCorporateCommonLawDoctrinestoLimitedLiabilityCompanies,MontanaLawReview,Winter,1994,p55.:TheUnmodifiedRegistrationfortheTransferofShareholdersRightsShouldntBeagainstAThirdParty?QuestionsontheProvisionofArticle33oftheNewCompanyLawofChinaShenGuiming(PoliticalScienceandLawCouegeofEastChina,Shanghai200042)Abstract:TheprovisionofArticle33ofthe2005CompanyLawofChinaconcernsthevalidityofthemodifiedregis-trationforthetransferofshareholdersrights.However,registrationmodificationisbynomeansaprerequisiteofthevalidityofthetransferofshareholdersrightsforthefollowingreasons:firs,tshareholdersrightsareinessencenotformedbyregistration,soregistrationmodificationlacksthebasistovaliditythetransferofshareholdersrights;sec-ond,theprivaterightsattribute,thestabilityofacompanysbusinessorder,andthedevelopmentofthecapitalmar-ket,alltheseelementsrequirethatregistrationmodificationbenotabasicconditionofthetransferofshareholdersrights;andthird,whetherornottoregisterforthetransferofshareholdersrightsisnotdirectlyrelatedtothepro-tectionofthecreditorsinterestsorotherpersonsinterests.Whatsmore,therealsoexistslegislativetechnicalproblemoflogicchaosinthesaidarticle.Keywords:transferofShareholdersrights;registrationmodification;againstathirdparty;registrationvalidity;leg-islativetechnique94