Article L225-217 of the French Commercial code
November 8, 2023
Articles L. 225-206 to L. 225-216 and L. 22-10-62, L. 22-10-64 and L. 22-10-65 are applicable to investment certificates.
Articles L. 225-206 to L. 225-216 and L. 22-10-62, L. 22-10-64 and L. 22-10-65 are applicable to investment certificates.
The Ordinary General Meeting may appoint one or more statutory auditors under the conditions set out in Articles L. 225-228 and L. 22-10-66. Companies which, at the end of a financial year, exceed the thresholds set by decree for two of the following three criteria are required to appoint at least one statutory auditor: their balance sheet total, the amount of their turnover excluding tax or the average number of…
The statutory auditors shall be proposed for appointment by the general meeting by means of a draft resolution from the board of directors or the supervisory board or, under the conditions defined in section 3 of this chapter, from the shareholders. .
An association meeting the conditions set out in Article L. 22-10-44, as well as one or more shareholders representing at least 5% of the share capital, either individually or grouped together in any form whatsoever, may put questions in writing to the Chairman of the Board of Directors or to the Management Board about one or more management operations of the company, as well as, where applicable, of the companies…
One or more shareholders representing at least 5% of the share capital may, twice a financial year, put questions in writing to the Chairman of the Board of Directors or to the Management Board about any fact likely to jeopardise the continued operation of the company. The statutory auditor, if any, shall be informed of the answers.
Any public limited company may convert into a company of another form if, at the time of conversion, it has been in existence for at least two years and has drawn up and had approved by the shareholders the balance sheet for its first two financial years.
The conversion decision is taken on the report of the company’s statutory auditors, if any. The report certifies that the shareholders’ equity is at least equal to the share capital. The conversion is subject, where applicable, to the approval of the bondholders’ meetings and the meeting of holders of profit shares or founder’s shares. The conversion decision is subject to publicity, the terms of which are set by decree in…
The conversion to a general partnership requires the agreement of all the partners. In this case, the conditions set out in articles L. 225-243 and the first paragraph of article L. 225-244 are not required. The conversion into a limited partnership (société en commandite simple) or a limited partnership with shares (société en commandite par actions) is decided under the conditions provided for the amendment of the Articles of Association…
In the event of the conversion of a société anonyme into a société européenne, the first paragraph of Article L. 225-244 does not apply. The company draws up plans to convert the company into a société européenne. This draft is filed with the registry of the court in whose jurisdiction the company is registered and is subject to publicity, the terms of which are set by decree in the Conseil…
The early dissolution of the company is pronounced by the Extraordinary General Meeting.
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PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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