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Article L239-4 of the French Commercial code

The lease is renewed under the same conditions as when the initial lease was concluded. In the event of non-renewal of the lease agreement or termination, the more diligent party shall cause the entry in the register of registered shares of the joint stock company or in the articles of association of the limited liability company to be deleted.

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Article L239-5 of the French Commercial code

Any interested party may request the president of the court ruling in summary proceedings to enjoin the legal representative of the joint stock company or limited liability company, under a penalty payment, in the event of service or expiry of a lease agreement relating to shares or corporate units in the company, to amend the register of registered shares or the articles of association and to convene the shareholders’ meeting…

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Article L23-10-1 of the French Commercial code

In companies which are not obliged to set up a works council pursuant to article L. 2322-1 of the French Labour Code, when the owner of a shareholding representing more than 50% of the shares in a limited liability company or of shares or securities giving access to the majority of the capital of a joint stock company wishes to sell them, the employees are informed, and no later than…

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Article L23-10-2 of the French Commercial code

At their request, employees may be assisted by a representative of the regional chamber of commerce and industry, the regional chamber of agriculture, the regional chamber of trades and crafts territorially competent in connection with the regional chambers of the social and solidarity economy and by any person designated by the employees, under conditions defined by decree.

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Article L23-10-3 of the French Commercial code

Information may be provided to employees by any means, specified by regulation, likely to make the date of its receipt by the employees certain. When information is provided by registered letter with acknowledgement of receipt, the date of receipt of the information is the date of first presentation of the letter. Employees are bound by an obligation of discretion with regard to information received pursuant to this section, under the…

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Article L23-10-4 of the French Commercial code

The Articles L. 23-10-1 to L. 23-10-3 are applicable to the sale of a shareholding in a company that is subject to special regulations requiring all or part of its capital to be held by one or more members or shareholders meeting certain conditions in terms of, in particular, professional qualifications, provided that:

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Article L23-10-6 of the French Commercial code

This section shall not apply: 1° In the event of the sale of the shareholding to a spouse, ascendant or descendant; 2° To companies that are the subject of conciliation, safeguard, receivership or liquidation proceedings governed by Book VI; 3° If, during the twelve months preceding the sale, the sale has already been the subject of information pursuant to article 18 de la loi n° 2014-856 du 31 juillet 2014…

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Article L23-10-7 of the French Commercial code

In companies subject to the obligation to set up a works council pursuant to article L. 2322-1 of the Labour Code and which, at the end of the last financial year, fell into the category of small and medium-sized enterprises within the meaning of article 51 of law no. 2008-776 of 4 August 2008 on the modernisation of the economy, when it wishes to sell a holding representing more than…

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Article L23-10-8 of the French Commercial code

At their request, employees may be assisted by a representative of the regional chamber of commerce and industry, the regional chamber of agriculture, the regional chamber of trades and crafts territorially competent in connection with the regional chambers of the social and solidarity economy and by any person designated by the employees, under conditions defined by decree.

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