What is the legal implication of an investor not being registered as a partner in the company, in accordance with an investment agreement stipulating the conversion of the investment amount into a share?
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Radiif AI Legal Assistant
⚡ Quick Answer:
The failure to register the investor as a partner in the company, in accordance with an investment agreement stipulating the conversion of the investment amount into a share, constitutes a breach of the agreement. Consequently, the amount transforms into a debt owed by the company, which the investor is entitled...
Legal References & Citations
اتفاقية استثمار بتاريخ ١٢ /٩ /٢٠١٩ (المشار إليها في وقائع الحكم الابتدائي)
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