Article R743-126 of the French Commercial code
If the company does not approve the proposed transferee, it shall proceed in accordance with the provisions ofarticles L. 223-14 and L. 228-24. If the acquirer is a third party to the company, the provisions ofarticles R. 743-44 and R. 743-125sont applicables. If the capital securities or corporate units are acquired by the company or by one or more members practising within the company, the procedure shall be in accordance…