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Flemish to English translations [PRO]
Bus/Financial - Finance (general) / amendment to articles of association | | Flemish term or phrase: afschaffing/opheffing van de nominale waarde van aandelen | "de vergadering besluit de nominale waarde van de aandelen op te heffen en de bestaande titels met een nominale waarde van [som] euro elk te vervangen met een zelfde aantal titels zonder vermelding van de waarde"
Earlier in the text is the subtitle "Afschaffing nominale waarde van de aandelen", all this within the context of the conversion of shares in a now redundant currency into euros. How should "afschaffing" or "opheffing" be understood here? TIA for your assistance. Cheers, R. |
|  Robert KleemaierKudoZ activityQuestions: 652 (none open) ( 2 without valid answers) ( 41 closed without grading) Answers: 168
| | Local time: 16:04
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| | abolish par value/nominal value of shares | Explanation:
[PDF] HIGHLIGHTS OF THE COMPANIES (AMENDMENT) ACT 2005File Format: PDF/Adobe Acrobat - View
11 Aug 2005 ... Q1 Which countries have adopted such a fundamental shift to abolish par value of shares? UK has not moved in such a direction, ...
www.iyerpractice.com/html/Highlights_of_CompaniesAct05.pdf - Similar
Allens Arthur Robinson: Publication: Focus: Employee Share ...The tainting provisions were introduced when the corporate law was changed in 1998 to abolish par value of shares and to make it easier for companies to ...
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| Selected response from:
xxxjarry
South Africa
Local time: 02:04
| Grading comment Merci, Jarry
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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11 hrs confidence:   peer agreement (net): +1 abolish par value/nominal value of shares
Explanation:
[PDF] HIGHLIGHTS OF THE COMPANIES (AMENDMENT) ACT 2005File Format: PDF/Adobe Acrobat - View
11 Aug 2005 ... Q1 Which countries have adopted such a fundamental shift to abolish par value of shares? UK has not moved in such a direction, ...
www.iyerpractice.com/html/Highlights_of_CompaniesAct05.pdf - Similar
Allens Arthur Robinson: Publication: Focus: Employee Share ...The tainting provisions were introduced when the corporate law was changed in 1998 to abolish par value of shares and to make it easier for companies to ...
| xxxjarry
South Africa
Local time: 02:04
Specializes in field
Native speaker of: English
PRO pts in category: 39
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| Changes made by editors |
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| Sep 1, 2009 - Changes made by xxxjarry: | | Created KOG entry | KudoZ term => KOG term | | Aug 15, 2009 - Changes made by writeaway: | | Field | Law/Patents => Bus/Financial |
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