The proposed reduction in capital shall be communicated to the statutory auditors, if any, at least forty-five days before the date of the shareholders’ meeting called to decide on the proposal.
When the capital reduction has been decided under the conditions provided for in the fourth paragraph of Article L. 223-34, the shares are purchased within three months of expiry of the objection period provided for in article R. 223-35. This purchase entails the cancellation of the shares.
The time limit for creditors to object to the capital reduction is one month from the date of filing, at the commercial court registry, of the minutes of the deliberation that decided on the reduction. The objection is served on the company by extrajudicial act and brought before the commercial court.
In the event that, as a result of losses recorded in the accounting documents, the company’s shareholders’ equity falls below half of the share capital, the decision of the shareholders provided for in article L. 223-42 is published in a medium authorised to publish legal notices in the department where the company’s registered office is located, filed with the clerk of the commercial court in the place where the registered…
The share capital threshold referred to in the fourth paragraph of Article L. 223-42 is equal to 1% of the company’s balance sheet total, as recorded at the last financial year-end.
If the Articles of Association are drawn up by private deed, as many originals are drawn up as are required for the filing of a copy at the registered office and the performance of the various formalities required.
In addition to the information listed in article L. 210-2, and without prejudice to any other useful provisions, the company’s articles of association shall contain the following information:
For the implementation of the provisions of article L. 224-3, the transformation auditors are appointed and carry out their mission under the conditions set out in article R. 22-10-7. The transformation auditors’ report certifies that the amount of shareholders’ equity is at least equal to the share capital. It is made available to members at the registered office at least eight days before the date of the meeting called to…
Where the company is formed without a public offering, or by means of a public offering mentioned in 1° or 2° of Article L. 411-2 of the Monetary and Financial Code or in Article L. 411-2-1 of the same code, only the provisions of articles R. 22-10-6 to R. 22-10-8 and R. 22-10-12 are applicable to the formation of the company.
The report of the contribution auditors shall be made available to future shareholders at the registered office address, who may take a copy of it, at least three days before the date of signature of the Articles of Association.
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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
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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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