PROVISIONS IN THE ARTICLES OF ASSOCIATION TO PREVENT EXCESSIVE DIVIDEND DRAWS

Much room for withholding and distribution rules With respect to the ‘risk’ of (excessive) dividend draws, it is not necessary to give all shares a right to share in the profits. If a company has shares with different par values, the articles of association will have to contain a provision dealing with each right to… Continue reading PROVISIONS IN THE ARTICLES OF ASSOCIATION TO PREVENT EXCESSIVE DIVIDEND DRAWS

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