Need to call General Meeting
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"Need to call General Meeting: When net assets of a public limited company are less than one-half of the share capital or less than the minimum amount of share capital members of the management board are required to call a general meeting of shareholders".
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The need to call general meetings are examined.
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If net assets of company are reduced to half or less of its called-up share capital or less than the minimum amount of share capital provided by law, its directors must within 28 days from the date when this fact becomes known to a ...
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