09:27 Dec 1, 2009 |
French to English translations [PRO] Law/Patents - Law (general) / Letter | |||||||
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6 hrs |
Reference: Does this help at all? Reference information: I can't find exactly what you're looking for, but the following may help you find suitable wording: VI-Suite. Décret n°67-236 du 23 mars 1967, version consolidée au 12 décembre 2006, décret 2006-1566 Article 166 Modifié par Décret n°83-363 du 2 mai 1983 art. 5 (JORF 3 mai 1983). En cas de libération d'actions par compensation de créances sur la société, ces créances font l'objet d'un arrêté de compte établi par le conseil d'administration ou le directoire et certifié exact par le commissaire aux comptes. http://www.documentationjuridique.com/decret2006-1566_6.htm These shares may only be paid up by being offset against the Company’s debt to the French Republic under the TSDD, and to the CFDI under the PSDD, if these debts would be due on the day set for subscribing to the share capital increase, which would be the subject of a statement of account certified as accurate by the Statutory Auditors. (page 10) You are being asked to give full powers to the Board of Directors, with the right to subdelegate under the conditions set by law, and up to the limits set out above, to implement these authorisations, and in particular, to set the issue price of the shares, which will be identical for the fifteenth and sixteenth resolutions, to establish the statement of account provided for in Article D 166 of decree No. 67-236 of 23 March 1967, to pay up the subscription to the capital increases by offsetting them against certain, payable and due debts, and to establish for the sixteenth resolution the list of beneficiaries that will subscribe to the capital increase and the amount to be subscribed by each of them. (page 11) http://www.secinfo.com/d14D5a.13CYe.htm |
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