Monthly Archives: August 2016

Classification of Shares in a Limited Liability Company

Based on the provision above, it can be stated that shares are an indivisible unit of capital, expressing the contractual relationship between the Company and the shareholder. According to Article 7 paragraph (2) Company Law, each founder of a Company must subscribe shares at the time the company is established. Clasification of Shares and The Rights  Attached to It.…
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