French Business Law - French Legislation

Article L22-10-44 of the French Commercial code

November 8, 2023

I.-In companies whose shares are admitted to trading on a regulated market, shareholders who have been registered for at least two years and who together hold at least 5% of the voting rights may form associations to represent their interests within the company. To exercise their rights under articles L. 22-10-68, L. 22-10-69, L. 22-10-73, L. 225-103, L. 225-105, L. 225-231, L. 225-232, L. 225-252, L. 823-6 and L. 823-7,…

Article L22-10-45 of the French Commercial code

November 8, 2023

Deliberations made by meetings in breach of the provisions of articles L. 22-10-31, L. 22-10-32 and L. 22-10-33 are null and void.

Article L22-10-46 of the French Commercial code

November 8, 2023

In companies whose shares are admitted to trading on a regulated market, the double voting rights provided for in the first paragraph of Article L. 225-123 are de jure, unless a clause to the contrary is included in the Articles of Association adopted after the promulgation of the loi n° 2014-384 du 29 mars 2014 visant à reconquérir l’économie réelle, for all fully paid-up shares for which proof is provided…

Article L22-10-47 of the French Commercial code

November 8, 2023

The effects of the limitation on the number of votes available to each shareholder at general meetings, referred to in Article L. 225-125, provided for in the articles of association of a company that is the subject of a public offer and whose shares are admitted to trading on a regulated market, are suspended at the first general meeting following the close of the offer when the offeror, acting alone…

Article L22-10-48 of the French Commercial code

November 8, 2023

When the shares of a company whose registered office is established in France are admitted to trading on a regulated market of a Member State of the European Union or of another State party to the Agreement on the European Economic Area, any person, with the exception of the persons mentioned in 3° of IV of Article L. 233-7, who holds, alone or in concert, by virtue of one or…

Article L22-10-49 of the French Commercial code

November 8, 2023

In public limited companies whose shares are admitted to trading on a regulated market or a multilateral trading facility subject to the provisions of II of article L. 433-3 of the Monetary and Financial Code : a) The Board of Directors may, within the limits it has previously set, delegate to the Chief Executive Officer or, in agreement with the Chief Executive Officer, to one or more Deputy Chief Executive…

Article L22-10-50 of the French Commercial code

November 8, 2023

When, as part of a capital increase, the securities referred to in the first paragraph of Article L. 225-130 are admitted to trading on a regulated market or to the operations of a central depository, the sale of these securities corresponding to rights forming fractional shares shall be carried out, unless the General Meeting decides otherwise, in accordance with the procedures laid down by decree of the Conseil d’Etat.

Article L22-10-51 of the French Commercial code

November 8, 2023

In companies whose shares are admitted to trading on a regulated market, the General Meeting may provide that the capital increase that it decides or authorises pursuant to article L. 225-135 includes a priority subscription period for shareholders, the minimum duration of which is set by decree by the Conseil d’Etat. It may also delegate to the Board of Directors or the Management Board the power to assess whether it…

Article L22-10-52 of the French Commercial code

November 8, 2023

As an exception to the second paragraph of article L. 225-136, for companies whose equity securities are admitted to trading on a regulated market and insofar as the equity securities to be issued immediately or deferred are comparable thereto, the issue price of equity securities without pre-emptive subscription rights by way of a public offer or by way of an offer mentioned in II of Article L. 411-2 of the…

Article L22-10-53 of the French Commercial code

November 8, 2023

The Extraordinary General Meeting of a company whose securities are admitted to trading on a regulated market may delegate, for a maximum period of twenty-six months, to the Board of Directors or the Management Board the powers necessary to carry out a capital increase, up to a limit of 10% of its share capital, with a view to remunerating contributions in kind granted to the company and consisting of equity…

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French Commercial code

Article L22-10-44 of the French Commercial code

Article L22-10-45 of the French Commercial code

Article L22-10-46 of the French Commercial code

Article L22-10-47 of the French Commercial code

Article L22-10-48 of the French Commercial code

Article L22-10-49 of the French Commercial code

Article L22-10-50 of the French Commercial code

Article L22-10-51 of the French Commercial code

Article L22-10-52 of the French Commercial code

Article L22-10-53 of the French Commercial code

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French Commercial code

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Contact a French Business Lawyer

Do you need French-law advice? Contact our Lawyers in France.

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We Solve Legal & Tax Issues in France

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