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Showing 121–130 of 37697 articles for “Art. L 223-20”
If, as a result of losses recorded in the accounting documents, the company's shareholders' equity falls below half of the share capital, the shareholders shall decide, within four months of the appro…
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The managing partners are liable, individually or jointly and severally, as the case may be, to the company or to third parties, either for breaches of the legislative or regulatory provisions applica…
The Executive Chairman or, if there is one, the Statutory Auditor, presents to the General Meeting or attaches to the documents communicated to the shareholders in the event of written consultation, a…
Company shares may only be transferred to third parties outside the company with the consent of a majority of the members representing at least half of the company shares, unless the Articles of Assoc…
The capital reduction is authorised by the shareholders' meeting ruling under the conditions required for amending the Articles of Association. Under no circumstances may it affect the equality of mem…
The repayment of dividends that do not correspond to profits actually earned may be demanded from the shareholders who received them. The repayment action is time-barred after three years from the dat…
In meetings or during written consultations, decisions shall be adopted by one or more members representing more than half of the shares.If this majority is not obtained and unless otherwise stipulate…
Under penalty of nullity of the contract, managers or members other than legal entities are prohibited from contracting, in any form whatsoever, loans from the company, from being granted an overdraft…
In the event of the opening of safeguard, receivership or compulsory liquidation proceedings pursuant to the provisions of Book VI, the persons referred to in these provisions may be made liable for t…
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