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 65307 articles for “Art. L 228-11 à L 228-19”
The shares remain negotiable after the dissolution of the company and until the close of liquidation.
The general meeting of bondholders of the same body may be convened at any time.
The Board of Directors, the Management Board or the manager(s) are entitled to decide on or authorise the issue of bonds, unless the Articles of Association reserve this power to the General Meeting o…
In urgent cases, representatives of the group may be appointed by court order at the request of any interested party.
In the event of the company's receivership or liquidation, the representatives of the bondholders' group are empowered to act on behalf of the latter.
Registrations shall be discharged in accordance with the terms and conditions set out in the contract of issue or, failing that, in accordance with the conditions determined by decree of the Conseil d…
The nominal amount of the shares or share denominations may be set by the Articles of Association. This option then applies to all share issues.
The cash share shall be registered until fully paid up.Failure to comply with the first paragraph may result in the cancellation of the said share.
If the shareholder fails to pay up at the times set by the Board of Directors, the Management Board or the managers, as the case may be, the sums remaining to be paid on the amount of the shares subsc…
The costs incurred in representing bondholders during the company's safeguard or receivership proceedings shall be borne by the company and shall be considered as judicial administration costs.
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