The articles of incorporation may be amended by a resolution of the general meeting or of the Board of Directors, respectively the management board, or by the decision of the court. The authentic form of the amending instrument adopted by the shareholders is mandatory when it concerns: • Increase of the share capital by subscription...
The reduction of share capital represents a way to adjust the share capital to the constraints of a deficit financial situation or to the narrowing of the company’s object of activity. Companies usually turn to share capital reductions when they face significant financial losses for an extended period. Therefore, a decrease in share capital can...
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