Realisation of rights and Transfer of securities

Securities

Securities are written certificates by which their issuer assumes a duty to fulfill the obligation inscribed in such certificate to its legal owner. Securities must contain the following essential constitutive elements: designation as to the kind of securities indication of the firm, or name and registered office and/or name and domicile of the issuer of…
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Valuation of securities - special and general rules

Valuation of the contribution in kind consisting of the securities

Fixing the value of a contribution in kind, which is consisting of the securities is done in two ways: by applying of the special rules which are prescribed by Article 57 of the Law on Companies or by applying of the general rules, which are prescribed by Article 51 of the Law on Companies, for…
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