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New version applies from 20/07/2017 — introduced by Directive (EU) 2017/1132. 69 provisions change. Article 34 is deleted from 20/07/2017.

Article 34

Article 34

Any reduction in the subscribed capital, except under a court order, must be subject at least to a decision of the general meeting acting in accordance with the rules for a quorum and a majority laid down in Article 44 without prejudice to Articles 40 and 41. Such decision shall be published in the manner laid down by the laws of each Member State in accordance with Article 3 of Directive 2009/101/EC.

The notice convening the meeting must specify at least the purpose of the reduction and the way in which it is to be carried out.

Official text · consolidated version 02/07/2014 (no longer in force) Open full page ↗
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