The partners’ industry, which, pursuant to the article 1843-2 of the Civil Code, does not contribute to the formation of capital but may give rise to the allocation of interest shares, may be the subject of contributions to a société civile professionnelle that holds an office of clerk of the commercial court.
The nominal amount of company shares may not be less than 150 euros. Interest shares corresponding to contributions in kind are non-transferable and must be cancelled when their holder leaves the company for any reason whatsoever, including its dissolution.
Company shares corresponding to cash contributions must be paid up, at the time of subscription, to the extent of at least one quarter of their nominal value. The surplus must be paid up in one or more instalments, either on the dates provided for in the Articles of Association, or by decision of the members’ meeting and at the latest within five years of the company’s appointment.
Within eight days of receipt, the funds from cash subscriptions shall be deposited either with the Caisse des dépôts et consignations, a notary or a credit institution.
The company is exempt from inserting in a legal announcements medium the notices provided for in articles 22, 24 and 26 of decree no. 78-704 of 3 July 1978 relating to the application of law no. 78-9 of 4 January 1978 amending Title IX of Book III of the Civil Code.
By application of article 11 of law no. 66-879 of 29 November 1966, the provisions relating to the managing partners are set out in the articles of association.
Decisions which exceed the powers of the managing partners are taken by the partners meeting in general meeting. The partners hold at least one annual general meeting. Other meetings may be held at the request of one or more partners, representing at least half in number of the partners or a quarter of the capital. The request must specify the matters to be put on the agenda. The Articles of…
Each partner has a single vote. A partner may be represented at a meeting by another partner carrying a written mandate. The meeting may only validly deliberate if at least three quarters of the partners are present or represented. If this quorum is not reached, the members may be convened a second time and the meeting may be held if the number of members present or represented is at least…
Except in the cases provided for by the provisions of Law No. 66-879 of 29 November 1966 concerning transfers of shares and by Articles R. 743-94 and R. 743-95, the second paragraph of article R. 743-104, and article R. 743-114, company decisions are taken by a majority of the votes held by the members present or represented and, unless otherwise provided for in the Articles of Association, holding at least…
Amendments to the Articles of Association, except in the case of the extension of the company or an increase in the commitments of the members, are decided by a majority of three quarters of the votes of all the members, representing at least three quarters of the share capital. The extension of the company may be decided by a majority of members holding at least three quarters of the share…
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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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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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