- Governance - Commitments
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To be calculated
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2 open days
Theoretical penalty(s) of non-compliance subject to the judge's discretion and, where applicable, to certain conditions
- 1 DissolutionDissolution - Where the session of the meeting does not hold and where the meeting fails to deliberate validly upon the last invitation, any party concerned may bring an action before the court for the winding up of the company.
- 1 Damage to reputationRisk of inconsistency with company values - Responsible Governance
Regularization of the situation following the declaration of the loss of equity
Scope of application
Any commercial company with equity less than half of the share capital.
Description
If the dissolution is not pronounced by the majority required for the amendment of the articles of association, the company is required to choose one of the following options:
- increase in share capital ,
- reduction of share capital ,
- free revaluation of the balance sheet.
The situation must be regularised at the latest at the end of the second financial year following that in which the losses were recognised.
Authority
Commercial court
Responsible(s)
Partner / Manager
