Article R225-169 of the French Commercial code
If they represent at least one-twentieth of the share capital, shareholders may, in a common interest, instruct, at their own expense, one or more of them to represent them, in order to support, both as plaintiff and defendant, the corporate action either against the directors, or against the managing director, or against the members of the management board. However, where the company’s capital exceeds 750,000 Euros, the amount of capital…