Minutes and an attendance sheet are drawn up for each meeting, to which must be attached the powers of attorney given to each proxy. The procedures for drawing up these documents are determined by decree of the Conseil d’Etat. In the absence of minutes, the deliberations of the meeting may be annulled.
At the end of each financial year, the management company draws up an inventory of the various assets and liabilities existing at that date. It also draws up the annual accounts and prepares a written management report. It is required to apply the general chart of accounts adapted to the needs and resources of the said companies, taking into account the nature of their business, in accordance with the procedures…
The audit is carried out by one or more statutory auditors. The statutory auditors shall bring to the attention of the Autorité des marchés financiers any irregularities or inaccuracies they discover in the course of their work. They are liable under the conditions set out in Article L. 822-17 of the Commercial Code. They are not liable under civil law for offences committed by persons managing, directing or administering the…
The merger is carried out under the supervision of the statutory auditors of each of the companies involved. The draft terms of merger shall be communicated to them at least forty-five days before the Extraordinary General Meetings called to vote on the transaction. The statutory auditors draw up a report on the terms and conditions of the merger. The statutory auditors shall perform their duties under the same conditions as…
The merger is approved by the Extraordinary General Meeting of each of the companies involved.
The Extraordinary General Meeting of the acquiring company decides on the valuation of the contributions in kind, in accordance with the provisions of article L. 214-91.
The purpose of non-trading property investment companies (sociétés civiles de placement immobilier) is the direct or indirect acquisition and management of property assets for rental purposes, including those in a future state of completion. In accordance with the conditions laid down by decree of the Conseil d’Etat, the purpose of non-trading property investment companies is also to acquire and manage properties that they have built exclusively for rental purposes. For…
I. – Under the conditions laid down by decree of the Conseil d’Etat, the assets of a société civile de placement immobilier consist exclusively of : 1° Buildings constructed or acquired with a view to letting and rights in rem relating to such property and listed by the Conseil d’Etat decree referred to in the previous paragraph; 2° Shares in partnerships which are not admitted to trading on a market…
At least 15% of the maximum capital of non-trading property investment companies, as set out in their Articles of Association, must be subscribed by the public within one year of the opening date of the subscription period. If this obligation is not met, the company is dissolved and the shareholders are reimbursed for the amount of their subscription.
With the exception of the cases provided for in articles L. 214-66 and L. 214-76, a société civile de placement immobilier may only merge with another société civile de placement immobilier managing assets of a comparable composition. The conditions for the application of this article are set by the decree mentioned in article L. 214-121.
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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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