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Article L125-14 of the French Commercial code

The contract of incorporation or the articles of association, as the case may be, may make the management lease of a business or a craft business in the general shop subject to the approval of the tenant-manager by the meeting. In the event of the owner’s receivership or liquidation, this clause may not be invoked if the conclusion of a management lease is authorised by the court in accordance with…

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Article L125-15 of the French Commercial code

The management body of the collective shop may issue a warning to any member who, through his own actions or those of the persons to whom he has entrusted the operation of his business or undertaking, commits an infringement of the internal regulations. In the event of a management lease, this warning is also notified to the tenant-manager. If, within the following three months, this warning has remained without effect…

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Article L125-16 of the French Commercial code

Subject to the share valuation procedure provided for in the second paragraph of Article L. 125-17, any member of a collective shop may refer any decision taken pursuant to articles L. 125-12, L. 125-14and the third paragraph of Article L. 125-15. The court may annul or reform the decision referred to it or substitute its own decision. Notwithstanding any clause to the contrary, legal action suspends the execution of the…

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Article L125-17 of the French Commercial code

In the event of exclusion, departure or death accompanied by the refusal of approval of the transferee or successors, the holder of the shares, or, in the event of death, his successors, have the option of transferring or selling their business or their company in the trades and crafts sector registered in the National Register of Companies. The new assignee of the site or, failing that, the group or company,…

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Article L125-18 of the French Commercial code

In the cases provided for in the first paragraph of Article L. 125-17, the grouping or company may not proceed with the installation of a new successful bidder unless the former holder of the shares or, in the event of his death, his heirs, have been paid the sums provided for in the said Article L. 125-17, or failing this, a provision set by the president of the judicial court…

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Article L126-1 of the French Commercial code

The rules for the creation of mutual guarantee companies between traders, industrialists, manufacturers, craftsmen, commercial companies, members of the liberal professions, owners of real estate or real estate rights, as well as between operators, holders of stocks of crude oil or petroleum products, are set by the law of 13 March 1917.

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Article L127-1 of the French Commercial code

Business project support for the creation or takeover of an economic activity is defined by a contract by which a legal entity undertakes to provide, using the means at its disposal, specific and ongoing assistance to a natural person, not in full-time employment, who undertakes to follow a programme of preparation for the creation or takeover and management of an economic activity. This contract can also be concluded between a…

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Article L127-2 of the French Commercial code

The business project support contract is concluded for a period that may not exceed twelve months, renewable twice. The terms of the support and preparation programme and the respective commitments of the contracting parties are specified in the contract. This includes the conditions under which the beneficiary may make commitments to third parties in relation to the planned economic activity. The contract must be concluded in writing, failing which it…

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Article L127-3 of the French Commercial code

The fact that the legal entity responsible for the support makes available to the beneficiary the resources necessary to prepare the beneficiary for the creation or takeover and for the management of the planned economic activity does not, of itself, give rise to a presumption of a subordinate relationship. The provision of these resources and any consideration for the costs incurred by the legal entity responsible for the support in…

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