Preferred stocks

Companies Act

Incorporation of a joint stock company

A joint stock company is a company whose share capital is divided in stocks held by one or more stockholders who are not liable for the company’s obligations, except based on piercing the corporate veil in the cases prescribed by Article 18 of the Companies Act as well as in the case of deletion of…
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Capital market

Types and clases of stocks which issue company

The stocks issued by the company are issued in their dematerialized form and read in the name of a stockholder, and the provisions of those regulations governing the capital market are applied to the registration of the issue of stocks, their legal holders, transfer of stocks, transfer of rights deriving from stocks, limitation of rights…
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