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Executive Bylaws - CMA

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Executive Bylaws

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  • February 17
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1-39 Of Module Five: Securities Activities and Registered Persons
Section: Chapter One: Securities Activities
  • Sunday, 05 February 2017

    The activity of Valuating of Assets includes the following: 1. Evaluating in kind shares that form the company’s capital either when it is incorporated or when increasing capital. 2. Evaluating the share of a general partner in accordance with Article (43) and Article (298) of the Companies Law. 3. Evaluating net assets of companies entering into a Merger, conversion, division or Acquisition Offer. 4. Evaluating the share of a partner who does not want to stay in partnership in accordance with Article (16) of the Companies Law. 5. Evaluating the share of a partner who refuses to amend the partnership contract in accordance with Article (52) of the Companies Law. 6. Evaluating the share of a dismissed partner in accordance with Article (55) of Companies Law. 7. Evaluating the share of a deceased partner in a professional company in accordance with Article (307) of the Companies Law. 8. Evaluating attached shares in accordance with Articles (62) and (69) of the Executive Regulations of the Companies Law. 9. Any other cases stipulated in the Companies Law or these Bylaws.

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