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Sub-section 2: Approval clauses for the sale of equity securities or securities giving access to the capital.

Article R228-23 of the French Commercial code

The request for approval of the transferee provided for in the first paragraph of article L. 228-24 is notified to the company by extrajudicial document or by registered letter with acknowledgement of receipt. The appointment of the expert provided for in article 1843-4 of the Civil Code shall be made by the President of the Commercial Court; the latter shall grant the extension of the deadline provided for in the…

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