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Amendments of the memorandum of association and articles of association, in addition to the consolidated texts of such paperwork, following any such amendment, are registered in accordance with the registration act.

In a single member company the function of the general assembly is executed by the only stockholder of the company. supervisory board if the company has a two-tier management system, shall cancel them, and not using a particular resolution of the overall assembly, immediately after the expiration of the deadline, and on that foundation discount of the company’s share capital. At every acquisition of personal shares, the board of directors, i.e. The management of the corporate could also be organized via a one-tier or two-tier management system. A choice of the overall meeting which is not in compliance with the provisions of this Article is null and void.

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1, 3 and 4 of this Article, the board of directors, i.e. the supervisory board, if the company has a two-tier administration system, shall check whether or not the situations from paragraph 2, items 2) to 4) of this Article have been met, and to produce a written report thereon. Antić legislation workplace represents a giant quantity of international pure persons on numerous legal points ranging from immigration, issues of residence permits and citizenship, work permits, marriage, inheritance and actual property. articles of association. As an exception, a public joint inventory firm shall concern the invitation referred to in paragraph 2 of this Article within a term of ninety days from the day of the expiry of the time limit for the efficiency of obligation by an organization member referred to in Article forty six paragraph 1 of this Act, except a shorter time limit was prescribed by the memorandum of affiliation, i.e. Exceptionally, within the case of a joint stock company that isn’t public when it comes to the regulation governing the capital market, the total value of acquired personal shares of the company, which the company may retain after the expiry of the time period referred to in paragraph 4 of this Article, shall not exceed 20% of the share capital.

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