63 Based on Taiwan’s Company Act, which of the following descriptions of a shareholder derivative suit is
inaccurate?
(A) A shareholder derivative suit is a suit brought by a shareholder on behalf of the company.
(B) In limited situations, a company has the right to ask the shareholder to withdraw the shareholder derivative
suit.
(C) If a shareholder derivative suit prevails in court, the shareholder who brought the suit may, under certain
limited conditions, receive monetary compensation.
(D) A shareholder needs to hold more than 1 percent of outstanding shares to file a shareholder derivative suit.