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Article R712-9 of the French Commercial code

The supervisory authority may automatically enter compulsory expenditure, and in particular: 1° Staff costs; 2° Loan repayments; 3° Taxes, levies or any charge provided for by a legislative or regulatory provision; 4° Expenditure arising from the enforcement of a court decision and penalty payments ; 5° Expenditure relating to elections of members of chambers of commerce and industry; 6° Expenditure arising from deliberations voted at the CCI France General Meeting…

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Article R712-10 of the French Commercial code

The supervisory authority may introduce enhanced supervision or suspend the governing bodies of a chamber of commerce and industry, after first requesting the establishment to take the necessary corrective measures within a period of time set by the supervisory authority: 1° When it is noted during two consecutive financial years that the working capital is negative, or that the self-financing capacity is insufficient to cover the annual repayments of loans;…

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Article R712-11 of the French Commercial code

In the context of enhanced guardianship and without prejudice to the provisions of articles R. 712-6, R. 712-7 and R. 712-8, the following decisions are enforceable only when approved by the supervisory authority: 1° Deliberations concerning the acquisition, construction, alienation or exchange of buildings or deciding on a lease of more than eighteen years; 2° Deliberations to top up the budget of a territorial chamber of commerce and industry provided…

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