Category: Laws / Regulations of Germany

Nullity of resolutions adopted by the general meeting

Stock Corporation Act (Laws / Regulations of Germany) Part 7 Nullity of resolutions adopted by the general meeting and of the annual accounts as approved and established. Special audit for impermissible understatement Chapter 1 Nullity of resolutions adopted by the…

Simplified capital reduction

Stock Corporation Act (Laws / Regulations of Germany) Subchapter 2 Simplified capital reduction Section 229 Pre-requisites (1) A reduction of the share capital intended to offset impairments in value, to cover other losses,

Convertible bonds. Income bonds

Stock Corporation Act (Laws / Regulations of Germany) Subchapter 5 Convertible bonds. Income bonds Section 221 (1) Bonds entailing a right of exchange or pre-emptive right for newly issued shares of stock that is conferred on creditors or on the…

Capital increase using company funds

Stock Corporation Act (Laws / Regulations of Germany) Subchapter 4 Capital increase using company funds Section 207 Pre-requisites (1) The general meeting may resolve to increase the share capital by converting the capital reserves and retained income to share capital.

Authorised capital

Stock Corporation Act (Laws / Regulations of Germany) Subchapter 3 Authorised capital Section 202 Pre-requisites (1) The by-laws may grant authority to the management board, for a maximum period of five (5)