Corporations Act Company Legislation Serbia, Company Law Serbia

A contract on management and administration shall provide for a right of the exterior stockholders to promote their shares to the controlling firm at a value which corresponds to the market value of stocks decided in accordance with Article 57 of this Act. If, at the request of an exterior stockholder, the courtroom determines a better worth or a more favorable ratio for external stockholders, the corporate shall publish on its internet page the courtroom decision instantly upon finality, and submit it to the register of enterprise entities for the aim of publication on the web page of that register. Once the liquidation is completed, the corporate is deleted from the enterprise entities register in accordance with the registration act, and in the case of a joint stock company, the deletion is done after the submission of the request to the Central Registry for deletion of financial devices from the register.

Gurcan Partners supplies legal providers in real estate purchases, renting, due diligence, and every kind of actual property transactions with its workplaces in 9 international locations and lawyers who’re specialists in their fields. For over three decades of presence in the Serbian authorized trade, Zunic Law Firm has continuously offered legal support of the highest professional requirements to a variety of clients, from multinational companies to leading regional and domestic corporations and entrepreneurs. Ordinary shares have the identical nominal value or have no nominal worth in any respect, during which case their accounting worth is used as grounds for figuring out the variety of dividends or liquidation proceeds belonging to their holders.

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