Secretarial practice

Bibliographic data

Monograph

Identifikator:: 1828236004

URN:: urn:nbn:de:zbw-retromon-249926

Document type:: Monograph

Title:: Secretarial practice

Edition:: fourth edition

Place of publication:: Cambridge

Publisher:: W. Heffer & Sons Ltd

Year of publication:: 1930

Scope:: viii, 987 Seiten

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

{28 SECRETARIAL PRACTICE There has to be published in the said Bulletin a notice, signed by the persons who purpose introducing the shares to the French market, and who must be domiciled in France. The signatures have to be duly legalised in France. The following particulars are also required to be included: I. Name of the Company. 2. The laws under which the Company carries on its operations 3. The head office. 4. The object of the Company. 5. The length of time for which the Company is constituted. 6. The amount of the capital, with the amount of each class of shares, and the amount not yet called up on the shares. 7. The date when the financial year ends, and a certified copy of the last balance sheet. 8. Full particulars of any debentures. 9. The reason for the publication (e.g. introduction on the French market; procuring the quotation of the securities in. the Official List; etc.). to. The advantages granted to the promoters, directors and all other persons; list of real assets received from the vendors and consideration paid to the vendors for same. 11. Particulars of method of convening general meetings, and place where they are held. In case of absorption or liquidation, the cancellation of the abonnement may be obtained upon its being proved to the satis- faction of the Fisc: (a) In the case of absorption.—That the exchange of the shares of the Company absorbed against those of the absorbing Company is virtually terminated, provided that an abonnement has been taken for the new shares. In case of liguidation.—That the liquidation is completely terminated, and the Company has consequently ceased to exist 2. DESABONNE SHARES. As has already been mentioned, foreign Companies found means of withdrawing themselves from the reach of the taxing authorities notwithstanding the fact that legally they were bound by their abonnement for the whole period of their existence. In other words, it was possible to effect désabonnement de facto but not de jure. The Responsible Representatives of such Companies were liable to the French Treasury until their three months’ notice to withdraw their responsibility had expired; and the Treasury was thus able to collect through them all taxation that was due or eventually became due until such expiry.

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