What is the required procedure for a company to undertake upon the issuance of a final judicial judgment establishing ownership of shares therein?
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Radiif AI Legal Assistant
⚡ Quick Answer:
Upon the issuance of a final judicial judgment establishing ownership of shares therein, the company must register this ownership in its records and amend its Articles of Association to conform with the operative part of the judgment.
Legal References & Citations
نظام الشركات (بشأن سجل الشركاء وقيد انتقال الملكية): (تعد الشركة سجلًا خاصًّا بأسماء الشركاء وعدد الحصص التي يملكها كل منهم والتصرفات التي ترد على الحصص، ولا ينفذ انتقال الملكية في مواجهة الشركة أو ال...
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