Our Business Regulation attorneys provide advice and counsel concerning entity formation, structure, business continuity planning, and documentation of complex enterprise transactions involving mergers, acquisitions and financing preparations. A shareholder that independently holds, or the shareholders that hold in aggregate, 3{7fa514c34e37282fd489f0c980edc6b14aa761d0370bc6fb1bde7d36d8197420} or extra of the shares of the corporate might submit a unprecedented resolution in writing to the board of directors at least 10 days before a normal assembly is held.
For the needs of the Law, the time period cumulative voting system” refers to that when a normal meeting elects a director or supervisor, the variety of voting rights attached to every share is the same as the number of administrators or supervisors to be elected, and that the voting rights held by a shareholder could also be exercised collectively.
Article 27: Shareholders could make capital contribution in currency or in non-forex property that may be valued in foreign money and transferable in line with the law resembling physical objects, intellectual property and land use rights, apart from property that might not be used as capital contribution according to the laws or administrative laws.
Not only does the program provide an array of classes bearing on all elements of a … Read More