Aug 8, 2023 17:00
10 mos ago
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English term
infractions
English to Polish
Law/Patents
Law: Contract(s)
Articles of Association of a Company
czy chodzi o ułamkowe części kapitału spółki (akcje) w zdaniu: the Board shall have power to make such provisions by the issue of fractional certificates or by payment in cash or otherwise, for the case of shares becoming distributable infractions
Discussion
Polish translation: udziałowe lub dłużne papiery wartościowe podlegające alokacji ułamkowej
- https://www2.proz.com/kudoz/english-to-polish/law-contracts/...
150 The Directors may capitalise any sum standing to the credit of any of the Company's reserve accounts (including share premium account and capital redemption reserve fund) or any sum standing to the credit of profit and loss account or otherwise available for distribution and to appropriate such sum to Members in the proportions in which such sum would have been divisible amongst them had the same been a distribution of profits by way of Dividend and to apply such sum on their behalf in paying up in full unissued Shares for allotment and distribution credited as fully paid-up to and amongst them in the proportion aforesaid. In such event the Directors shall do all acts and things required to give effect to such capitalisation, with full power to the Directors to make such provisions as they think fit for the case of Shares becoming distributable in fractions (including provisions whereby the benefit of fractional entitlements accrue to the Company rather than to the Members concerned).
- https://www.sec.gov/Archives/edgar/data/1180262/000104746904...
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