French Commercial codeIn force
Section 2: Shares.
Article L228-21
The shares remain negotiable after the dissolution of the company and until the close of liquidation.
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Showing 111–120 of 51212 articles for “Art. s. L 228-27 to L 228-29”
The shares remain negotiable after the dissolution of the company and until the close of liquidation.
As stated in article L. 213-5 of the Monetary and Financial Code : " Art. L213-5-Les obligations sont des titres négociables qui, dans une même émission, confèrent les mêmes droits de créance pour une…
Bondholders of the same issue are grouped by operation of law, for the defence of their common interests, into a masse which enjoys civil personality. However, in the case of successive bond issues, t…
The remuneration of the representatives of the general body of shareholders as fixed by the general meeting or by the issue contract shall be borne by the debtor company. If this remuneration is not f…
Companies limited by shares belonging to the public sector, cooperative companies constituted in the form of a public limited company or a limited liability company, public limited companies for low-c…
The company may not create any pledge on its own obligations.
The mandate of representative of the general body may only be entrusted to persons who are nationals of a Member State of the European Union or domiciled in a Member State of the European Union, as we…
Representatives of the body of shareholders may not interfere in the management of corporate affairs. They have access to general meetings of shareholders, but without the right to vote. They have the…
The representatives of the masse may be relieved of their duties by the general meeting of bondholders.
The following may not be chosen as representatives of the general body of creditors: 1° The debtor company; 2° Companies owning at least one tenth of the capital of the debtor company or of which the…
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