Article R228-73 of the French Commercial code
The provisions of articles R. 225-95, R. 225-101, R. 225-106 and R. 225-107 are applicable to bondholders’ meetings.
The provisions of articles R. 225-95, R. 225-101, R. 225-106 and R. 225-107 are applicable to bondholders’ meetings.
The general meeting of bondholders shall determine the place where, together with the attendance sheet, the proxies of the bondholders represented and the minutes shall be deposited. Copies or extracts of the minutes shall be certified by a representative of the general body or by the secretary of the meeting.
The provisions of article R. 225-79 are applicable to proxies given by bondholders to be represented at meetings.
In application of the provisions of the first paragraph of article L. 228-69, bondholders have the right, during the fifteen-day period preceding the general meeting of the group to which they belong, to take cognisance of or obtain a copy of the text of the resolutions that are proposed and the reports that are presented to the general meeting, either in person or by proxy, at the registered office of…
Any interested party has the right, at any time, to obtain from the debtor company, an indication of the number of bonds issued and the number of securities not yet redeemed.
In the case provided for in the second sentence of the first paragraph of Article L. 228-71, a ruling shall be made by order on a petition, not subject to appeal, of the president of the judicial court.
In the case provided for in Article L. 228-72, the decision of the board of directors, the management board or the legal representative of the company to overrule the refusal of approval by the general meeting of bondholders shall be brought to the attention of the bondholders in accordance with the procedures set out in the contract of issue. If the contract of issue does not provide for such procedures,…
In the cases provided for in article L. 228-73, the decision of the Board of Directors, the Management Board or the Executive Chairmen to disregard such decision shall be published in accordance with the conditions set out in the first paragraph of article R. 228-79.
Release of registrations shall be made by the representatives of the group of bondholders concerned. Except in the cases provided for in the contract of issue, the representatives of the group of bondholders may release the registrations, even without noting the repayment of the loan, if they have been authorised to do so by a decision of the general meeting of bondholders. Except in the case provided for in the…
In the event of the safeguard, reorganisation or judicial liquidation of the debtor company, notices and summonses intended for the bondholders shall be sent to the representatives of the general body of shareholders, as the case may be, by the legal representative of the company or the administrator or the judicial representative.
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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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