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|b Notification is the legal means used by the Law of Joint Stock Companies, Limited Partnership Companies, Limited Liability Companies, Single Person Companies No. 159 of 1981 and Capital Market Law No. 95 of 1992 to inform and inform all concerned parties, including the competent administrative authority, of the Company's actions and material acts. Legal, invitations and notifications at all stages of the company, as the case may be. The legislator issued Law No. 159/1981 and canceled the reorganization of the capital companies by detailed provisions aimed at organizing the company from the establishment and establishment stage and continue with the life of the company until its expiry or dissolution before its expiry or merger and liquidation. In the process of establishing a joint stock company until it acquires a legal personality; a joint stock company is established in one of two ways, it may take the path of immediate or closed incorporation, and the joint stock company may take the way of public subscription and also called successive incorporation. The incorporation procedures shall be initiated by public subscription; the founders shall write the initial contract of the company and its articles of association. The regulations shall specify the declarations and certificates attached to the company's contract, as well as the notifications and the status of ratification of signatures with the competent administrative authority, before the commencement of the subscription process, the founders shall submit to the Authority the original of the prospectus signed by all the founders or their legal representatives. If there is any change or amendment in the prospectus data, the Authority shall be notified in the period from the date of submitting the prospectus to the Authority until the subscription is completed. Included in the formation of the company's capital shares in kind, material or moral, founders must make an initial assessment of these shares, and submit a request to the Commission in order to verify whether the shares in kind have been properly estimated, and the founders or their representatives to notify the Commission to establish the company, The notification must be accompanied by a number of For editors, and the Authority within a specified period to object to the company for certain reasons and shall notify the founders thus to remove the reasons for the objection. As for the establishment of a joint-stock company through an immediate or closed subscription, the provisions of Articles 25 to 28 of Law No. 159 of 1981 shall apply, as well as all notifications to be made at this stage of its passage. Joint Stock Company. At the stage of the life of the company, its management and conducting its affairs, the joint stock company, by acquiring its legal personality, shall have an independent legal entity. In order to exercise their role in conducting the affairs of the company, these parties and employees shall hold meetings to take the necessary decisions, after issuing a notice of invitation and publishing it to all concerned in this meeting within the limits of Law No. 159 of 1981 and the Capital Market Law. No. 95 of 1992 and their executive bylaws and the company's contract and bylaws, and Make a record of the results of the meeting and notify the concerned of the decisions taken as well as the competent administrative authority. The joint-stock company issues several instruments: shares, incorporation shares and bonds. These instruments are stipulated in the Companies Law No. 159 of 1981. In addition to these instruments, there are other instruments in the Capital Market Law No. 95 of 1992. In addition, the Prime Minister's Decree No. 2479 of 2018 amended some provisions of the Executive Regulation of the Capital Market Law No. 95 of 1992 and called other instruments. During the milling company receives the proceeds from the IPO Instruments and act as an agent for the owners of investment instruments in the follow-up and use of the purposes for which it was issued for. Law No. 146 of 1988 on companies operating in the field of receiving funds for investment added two types of instruments: The second type is the investment instruments that the right to issue is limited to the shareholding companies that operate in the field of receiving funds to be invested and employed only by other joint stock companies established in accordance with their laws. The research was limited to the statement of business and legal actions related to shares and bonds only, in terms of issuing bonds and trading of shares and increase or decrease the capital of the company and the necessities of these different actions and the specific data and guidance to those concerned to act. The legal entity of the company may be amended or changed during its life. The law authorized the decision of the Minister of Investment and International Cooperation for joint stock companies and other forms of companies, except for a joint venture company, whether Egyptian or foreign, whose main activity in Egypt is to merge into Egyptian joint stock companies or with These companies and the formation of a new Egyptian company, and authorized the division of the company into two or more companies and each of the companies arising from the division independent legal personality once registered in the Commercial Register, and this would make a change to the joint-stock company during its lifetime, and this requires the managers The company reporting on it and publish all concerned in this matter, including the competent administrative authority, and what it requires such notification of data and obtain approvals, Shareholders have the right to object to this and to notify the company within a certain period of time to leave the company and redeem the value of their shares. In order to protect the total shareholders and achieve maximum control over the decisions and actions of the shareholding company due to the permissibility of the shareholding companies system of dominating a small group of members of the board of directors and dominate the company's activities and guidance, the Companies Law No. 159 of 1981 resorted to the appointment of auditors and report system Control and inspection of administrative bodies on joint stock companies, and this system enables shareholders in fact to identify the reality of irregularities that affect their interests without the need to bring a case before the judiciary or resort to long proceedings, and so that the auditors to achieve their oversight role must be notified and informed Provide them with the subjects under control and publish everything related to transparency. Finally, at the stage of liquidation of the company, since the liquidation operations require some legal actions, the company shall retain during the period of liquidation the legal personality to the extent necessary for the liquidation work, provided that the name of the company during liquidation shall be added (under liquidation). Its powers shall be limited to works that do not fall within the purview of the liquidators. Liquidation shall have a period of time commencing with the dissolution, expiry or expiry of the Company for any reason other than merger or division and shall remain in force during which notification shall have a role.
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