Legal Intellectual

Tired of unprofessional or promotional legal answers?
Daeryun specialist lawyers will answer your questions.

My company has been designated as an administrative issue and is at risk of company sale. What should I do?

I have a question about a DUI administrative appeal. It's embarrassing, but I recently had my license suspended... I'm trying to file a DUI administrative appeal. I'm wondering how many days I have to file the administrative appeal and whether I can do it alone. It's a livelihood issue... I want to handle it definitively. Is there a chance for the administrative appeal?

company sale

company division

Answer to Related Inquiry

Author: 김국일

If designated as an administrative issue on the securities market, first trading is suspended and the stock is also prohibited from credit transactions.

Also, if there is a concern about being designated as an administrative issue, that fact is announced in advance, and if designated as an administrative issue, it can be publicly announced through electronic delivery media, etc.

While this only signifies risks related to stocks on the surface, it affects trust in business operations, so it can give a worrying image like company sale.

If designated as an administrative issue, since it can imply the risk of delisting, it is important to respond to the risk of leading to company sale thereafter.

To prepare for such situations, it is good to receive professional corporate counsel to prevent problems.

Representative requirements for designation as an administrative issue

- Failure to submit periodic reports: Failure to submit business reports, semi-annual reports, or quarterly reports by the legal deadline

- Failure to meet auditor opinion: Audit report qualified opinion, semi-annual audit report adverse or refusal of opinion

- Capital impairment: 50% or more of capital impaired

- Insufficient stock distribution: Less than 200 general shareholders or general shareholder ownership less than 5%

- Insufficient trading volume: Half-yearly monthly average trading volume less than 1% of floating stocks

- Insufficient sales: Less than 5 billion won in the most recent fiscal year

- Insufficient market capitalization: Market capitalization less than 5 billion won lasting 30 days

- Bankruptcy filing

- Application for commencement of rehabilitation proceedings

- Violation of disclosure obligations: Cumulative penalty points of 15 or more in a year

- In other cases where the exchange recognizes that designation as an administrative issue is necessary for the realization of public interest and investor protection

Daeryun's Key Strengths

Daeryun's exclusive AI · IT
litigation strategies

Over 260
key members

1,200+ cases
handled monthly

* January 2026 Bar Association Transit Permit Issuance Criteria

*Complies with Korean Bar Association Advertising Regulations Article 4 Paragraph 1

Corporate Legal Attorney
Legal consultation booking

All consultations are conducted by specialized lawyers after reviewing the case. It is carried out on a reservation basis to ensure a professional process.We encourage you to make an early reservation for consultation, and request adherence to the scheduled time. We will do our best to provide a satisfying consultation.

Phone
consultation 1800-7905

Available 24/7, 365 days
for consultation requests