The term of the general assembly is not defined by the companies act, but according to professional literature, the general assembly is a shareholding body in which shareholders express their will and exercise their rights, which meets annually. Decisions made at the general assembly may be positive and negative with regard to the voting outcome. With regard to substantive law and formal law, we differentiate between apparent decisions, decisions without legal effect, undue decisions, and judgmental decisions. In the case of an arbitrary decision, it is an illusion that the decision exists even though that decision was not adopted. Decisions without legal effect are decisions that are in all accordance with the law, but they need to be valid in order to have a legal effect. Necessary decisions are decisions of the general assembly which are not recognized by the legal order because they have a serious legal disadvantage in the form of a formal or material defect. Challenging decisions are decisions that are unlawful but are not legally enforceable. In the case of nullity of the decision, the reasons are narrowed to those relating to the violation of regulations that lead to legal consequences. These reasons are passed by the companies act. In the case of conviction of the decision, the reasons for the rejection are a breach of the procedure or content of a decision that is contrary to the law or statute. The difference between ridiculous and negligent decisions is that abnormal decisions are characterized as exceptions while decisive decisions are characterized as a rule.