Category: Laws / Regulations of Germany

Securitisation of the company and the creditors

Stock Corporation Act (Laws / Regulations of Germany) Chapter 3 Securitisation of the company and the creditors Section 300 Statutory reserves The following are to be allocated to the statutory reserves instead of the amount specified in section 150 (2):…

Types of inter-company agreements

Stock Corporation Act (Laws / Regulations of Germany) Book 3 Affiliated enterprises Part 1 Inter-company agreements Chapter 1 Types of inter-company agreements Section 291 Control agreement. Profit and loss absorption agreement (1) Inter-company agreements are contracts by which a stock…

Public partly limited partnership

Stock Corporation Act (Laws / Regulations of Germany) Book 2 Public partly limited partnership Section 278 Nature of the public partly limited partnership (1) The public partly limited partnership is a company having a legal personality of its own in…

Declaration of nullity of the company

Stock Corporation Act (Laws / Regulations of Germany) Chapter 2 Declaration of nullity of the company Section 275 Action for declaration of nullity (1) Where the by-laws do not make any provisions governing the amount of the share capital or…

Special audit for impermissible understatement

Stock Corporation Act (Laws / Regulations of Germany) Chapter 3 Special audit for impermissible understatement Section 258 Appointment of special auditors (1) Where there is cause to assume that 1. Certain items have been understated to a greater than negligible…