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Home› Company & Audit Law› Company Law Directive (codification)

Chapter IV · Capital maintenance and alteration  ›  Section 5 · Rules for the increase and reduction of capital › Article 74

Reduction in the subscribed capital in case of several classes of shares

Where there are several classes of shares, the decision by the general meeting concerning a reduction in the subscribed capital shall be subject to a separate vote, at least for each class of shareholders whose rights are affected by the transaction.

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