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Article R743-107 of the French Commercial code

When, on expiry of the period provided for in article R. 743-104, the successor(ies) of the deceased partner have not exercised the option of transferring their author’s shares and if no prior consent to the preferential allotment has been given by the company, the latter has one year to acquire the deceased partner’s shares or have them acquired. This period may be extended by three months by the Minister of…

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Article R743-108 of the French Commercial code

Publicity of the transfer of shares, accompanied, where applicable, by a reduction in the share capital pursuant to the article 21 of Law no. 66-879 of 29 November 1966, shall be completed in accordance with the rules laid down by the article 52 of Decree n° 78-704 of 3 July 1978 relating to the application of Law n° 78-9 of 4 January 1978 amending Title IX of Book III of…

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Article R743-109 of the French Commercial code

If the new member joins the company by acquiring shares held by the members or by one or some of them, it shall be done in accordance with articles R. 743-44 and R. 743-99. If the new partner enters the company by contributing his industry alone, the provisions of Article R. 743-31 sont applicables.

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Article R743-110 of the French Commercial code

If the constitution of reserves by means of retained profits or the release of capital gains due to the industry of the associates so permits, the share capital shall be increased periodically and the shares thus created must be allocated to all associates, including those who have contributed only their industry. The Articles of Association shall lay down the conditions for the application of the provisions of the preceding paragraph….

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Article R743-113 of the French Commercial code

As an exception to the provisions of article R. 743-57, the share in the profits of the provisionally suspended member is reduced by half, the other half being allocated in equal shares to the directors or, if no director has been appointed, to those members who have not been provisionally suspended from exercising their functions.

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Article R743-114 of the French Commercial code

The company terminates on expiry of the period for which it was formed. However, the early dissolution of the company may be decided by a majority of the partners holding at least three quarters of the share capital and holding at least half of the industrial shares. The liquidator is appointed by a majority in number of the partners holding at least half of the company shares and half of…

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Article R743-115 of the French Commercial code

When a partner finds himself holding all of the company’s shares, he may ask to be appointed clerk of the commercial court himself, in place of the company. In this case, he shall send a reasoned request, accompanied by all supporting documents, to the Minister of Justice, by tele-procedure on the website of the Ministry of Justice. The company is dissolved with effect from the appointment of the partner as…

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Article R743-116 of the French Commercial code

For the application of article R. 743-79, if the successors of members who die in the case provided for in Article R. 743-67, or the partners in the other cases of dissolution of the company with the exception of that resulting from its dismissal, have unanimously chosen a candidate for the office, from among the persons who have applied pursuant to article R. 742-27-1 and under the conditions provided for…

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