Article R228-54 of the French Commercial code
The right of holders of redeemable shares to obtain disclosure of company documents is exercised in accordance with articles R. 225-92 to R. 225-94.
Home | French Legislation Articles | French Commercial code | Regulatory part | Page 82
The right of holders of redeemable shares to obtain disclosure of company documents is exercised in accordance with articles R. 225-92 to R. 225-94.
A company may repurchase on a regulated market the redeemable shares it has issued in accordance with the terms and conditions set out in articles R. 225-159 and R. 225-160. These shares are sold within one year. On expiry of this period, they are cancelled. .
When the body of holders provided for in article L. 228-37 is made up of holders of securities issued by a State-owned industrial and commercial public establishment subject to public accounting rules, the report on the accounts for the financial year and on the elements used to determine the remuneration of redeemable shares is drawn up by the establishment’s accounting officer.
In the cases provided for by Article L. 228-50 and by Article L. 228-51, the representatives of the estate are appointed by the president of the judicial court ruling in summary proceedings. The duties of the representatives of the group appointed pursuant to the previous paragraph shall end at the first meeting of the ordinary general meeting of bondholders. The latter may appoint the same representatives.
Any decision by the general meeting of bondholders relating to the appointment or replacement of representatives of the bondholders’ group shall be notified by the latter to the debtor company and brought to the attention of the bondholders, at the debtor company’s behest, within one month of the date of the meeting’s decision and in accordance with the procedures set out in the issue contract. Where the contract of issue…
The representative of the general body shall notify the debtor company of his resignation by registered letter with acknowledgement of receipt.
Where it has not been determined either by the contract of issue or by the general meeting of bondholders, the remuneration of the representatives of the masse is set by the president of the judicial court, ruling on a petition, at the request of the company or the interested representative of the masse. The amount of the remuneration allocated by the general meeting of bondholders may be reduced, at the…
Any interested party has the right to obtain, at the registered office of the debtor company, the names and addresses of the representatives of the estate.
The request to convene a general meeting of bondholders, under the conditions provided for in the second paragraph of Article L. 228-58, shall be made by extrajudicial document or by registered letter with acknowledgement of receipt. It shall indicate the agenda to be submitted to the meeting. The period referred to in the third paragraph of Article L. 228-58 is two months from the date of the request to convene…
In addition to the information provided for in article R. 225-66, the notice convening the general meeting of bondholders shall contain the following information: 1° An indication of the loan subscribed by the bondholders whose general meeting is being convened; 2° The name and domicile of the person who took the initiative to convene the meeting and the capacity in which that person is acting; 3° Where applicable, the date…
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.
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
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
Resources
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
Useful links
Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.
All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.