Download Iranian commercial code related to copmnies for Joint-Stock by Parliman PDF

By Parliman

Show description

Read or Download Iranian commercial code related to copmnies for Joint-Stock Companies PDF

Similar commercial books

International Commercial Litigation: Text, Cases and Materials on Private International Law

This conscientiously based, practice-orientated textbook offers every thing the legislations scholar must learn about overseas advertisement litigation. The powerful comparative part offers a thought-provoking foreign viewpoint, whereas whilst permitting readers to achieve exact insights into litigation in English courts.

Limits of Patentability: Plant Sciences, Stem Cells and Nucleic Acids

SpringerBriefs in Biotech Patents offers well timed studies on highbrow houses (IP) concerns and patent features within the box of biotechnology. during this quantity the boundaries of patentability are addressed, a question that's frequently raised by way of biotechnological innovations: the 1st part addresses present concerns within the patentability of crops produced by way of primarily organic strategies together with the debate among farmer’s privilege and patent exhaustion with admire to seeds within the US.

Commercial Contracts. A Practical Guide to Deals, Contracts, Agreements and Promises

This booklet goals to give an explanation for the rules of agreement legislation for the businessman, and to place these ideas into their advertisement context. a person excited about advertisement transactions wishes a minimum of a easy knowing of the rules of agreement legislations - the felony framework for all advertisement job.

Economic Impacts of Intellectual Property-Conditioned Government Incentives

This ebook presents new insights into the industrial affects, strategic pursuits and felony constructions of an rising department of presidency incentives conditioned on assembly highbrow property-related necessities. regardless of changing into extra universal lately, such incentives – starting from patent expense subsidies and patent field tax deductions to inventor remuneration schemes – are nonetheless under-researched.

Additional info for Iranian commercial code related to copmnies for Joint-Stock Companies

Sample text

ARTICLE 267. An individuals who hold at least one- fifth of the total shares of the company may sue the chairman, directors or the managing director of the company at their own expense and demand indemnity for the losses which have incurred on the grounds of infringement or fault on the part of the said chairman, directors or managing director. If the chairman or any of the directors or the managing director are held responsible by the court, they will be bound to indemnify the company and pay the legal expenses to the company.

ARTICLE 277. The provisions of the articles of association and the resolution of general meetings shall not impose restrictions on the shareholders in bringing legal proceedings against the directors. ARTICLE 278. A private joint stock company may be transformed into a public joint stock company when: (1) a resolution to this effect is passed by an extraordinary general meeting of the private joint stock company; or (2) the share capital of the company is at the level of the minimum amount stipulated by this Act for public joint stock companies or the share capital is increased to such level; or (3) two years have elapsed since the formation of the company and two balance sheets have been approved in general meeting; or (4) the articles of association have been drafted or amended in conformity with the rules stipulated by this Act for public joint stock companies.

ARTICLE 272. The court dealing with the claim of nullity may, at the request of a defendant, grant a period of grace not exceeding six months to remove the grounds for the claim of nullity. Such period of grace shall run from the date when the docket was delivered to the court by the clerk of the court. If, during the period of grace granted by the court, the grounds of nullity are not removed, then the court shall issue the judgement which it deems proper. ARTICLE 273. If the final judgement of the court is issued to the effect of nullity of the company or its operation or its resolutions, as the case may be, then those who are held responsible for such nullity will be liable to indemnify the shareholders and third parties for losses incurred as a result of such nullity.

Download PDF sample

Rated 4.25 of 5 – based on 12 votes