Shareholder representative action refers to a litigation system in which when the legitimate rights and interests of the company are illegally infringed and the company is interested in litigation, the shareholders of the company sue in their own name and the compensation belongs to the company.
According to the above definition, a shareholder representative lawsuit can be brought if a certain company has defaulted on a large loan to Company D for nearly two years, but the board of directors and manager of Company D did not take any measures to ask for it.