To facilitate the rights issue or private placement, the shareholders' meeting has also conditionally approved the amendment to the articles of association
regarding an increase of the number of shares included in the authorised capital.
Mr Beard said: "We recommend that companies review their shareholders' agreements and articles of association
in light of these new standards, in order to prevent this happening
These provisions include sections that permit alterations of the articles of association
by special resolution.
draft Articles of Association
will be available for download from the
The head of the Bahraini delegation to the meeting stressed that the Kingdom hopes the committee would finalize its job by sufficient time in advance in order to allow the early submission of its outcomes to the Arab League Ministerial Council in its upcoming session and to include the proposed articles of association
of the Arab Human Rights Court in the agenda of the upcoming Arab Summit meeting in the State of Kuwait in the last of March 2014.
also stated that the meeting s agenda includes, in addition to the item on the capital increase, other items related to some amendments to the bank's Articles of Association
Mr Al Refai, the primary defendant in the forgery of the Articles of Association
case, has failed to attend any of the court hearings to date .
Majid Al-Refai, the primary defendant in the Forgery of the Articles of Association
case, has failed to attend any of the court hearings to date in relation to the case, contravening Bahrain's Criminal Procedures Law, and has been ordered for the second time to appear in front of Bahrain's High Criminal Court.
A club spokesman said: "We have written to the SFA on the issue of the right of appeal which comes under article 184 of the Articles of Association
Finally, under Polish commercial law, a company's articles of association
may specify that a shareholder's interest in the company may not be transferred without the consent of all other shareholders, thus avoiding free transferability of interests.
In relation to the renewal of the authorized share capital, to amend the first clause of the fourth paragraph of Article 5 - Corporate Capital - of Millicom's Articles of Association
by replacing it by the following text : "- realize any increase of the corporate capital within the limits of the authorized capital in one or several successive tranches, by issuing of new shares, against payment in cash or in kind, by conversion of claims, integration of distributable reserves or premium reserves, or in any other manner; and".
Announcement was made by Cyprus Airways Public Ltd that the Government of the Republic, exercising its rights as a shareholder pursuant to the Articles of Association
, appointed on August 23, 2012 the following persons as members of the Board of Directors with immediate effect, informing investing public.