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Article L631-9-1 of the French Commercial code

If the shareholders’ equity has not been reconstituted in accordance with the conditions set out in article L. 626-3, the administrator is entitled to request the appointment of a court-appointed agent responsible for convening the competent meeting and voting on the reconstitution of the capital, up to the amount proposed by the administrator, in place of the opposing partner(s) or shareholder(s) when the draft plan provides for a modification of the capital in favour of one or more persons who undertake to implement the plan.
Original in French 🇫🇷
Article L631-9-1
Si les capitaux propres n’ont pas été reconstitués dans les conditions prévues par l’article L. 626-3, l’administrateur a qualité pour demander la désignation d’un mandataire en justice chargé de convoquer l’assemblée compétente et de voter la reconstitution du capital, à concurrence du montant proposé par l’administrateur, à la place du ou des associés ou actionnaires opposants lorsque le projet de plan prévoit une modification du capital en faveur d’une ou plusieurs personnes qui s’engagent à exécuter le plan.

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