Article L232-12
…and noting the existence of distributable sums, the General Meeting determines the share allocated to shareholders in the form of dividends. However, where a balance sheet drawn up during or at the e…
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Showing 8011–8020 of 62891 articles for “Art. 427 al. 1 to 4”
…and noting the existence of distributable sums, the General Meeting determines the share allocated to shareholders in the form of dividends. However, where a balance sheet drawn up during or at the e…
…t of the shares. Unless otherwise provided in the Articles of Association, reserves are not taken into account for the calculation of the first dividend.
A dividend increase of up to 10% may be granted by the Articles of Association to any shareholder who can prove that, at the end of the financial year, the shares have been registered in his name for…
It is forbidden to stipulate fixed or interim interest for the benefit of the shareholders. Any clause to the contrary shall be deemed unwritten. The provisions of the preceding paragraph shall not ap…
In joint stock companies, the Articles of Association may provide that the General Meeting called to approve the financial statements for the financial year may grant each shareholder, in respect of a…
…comprises the profit for the year, less any losses carried forward from previous years and any sums to be transferred to reserves pursuant to the law or the Articles of Association, plus any retained…
The company may not require shareholders or unit holders to repay any dividends, except where the following two conditions are met:1° If the distribution has been made in breach of the provisions of a…
…voted by the General Meeting are set by the General Meeting or, failing this, by the Board of Directors, the Management Board or the Executive Chairmen, as the case may be. However, dividends must be…
…nt other than that of the drawee's domicile, without designating a third party with whom payment is to be made, the drawee may indicate this at the time of acceptance. Failing such indication, the acc…
The drawee may request that a second presentation be made to him the day after the first. Interested parties are only entitled to claim that this request has not been granted if it is mentioned in the…
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