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النظام القانوني للاسهم او المقدمات العينية == The Legal System of Stock or Introduction In Kind
Author name:
قتيبة فرحان عويد
Supervisor name:
فاروق ابراهيم جاسم
General topic:
Law
Specific topic:
Commercial Law
Degree:
Master
University:
Aliraqia University - Faculty Of Law And Political Science - Department Of Private Law
Language:
Arabic
University location:
Baghdad
First pages:
13T1583 - p.pdf
Abstract:
Stock means or introductions in kind as non - cash funds are cash, are offered by one of the founders or by them all in Exchange for a number of cash equity value that they own in the company's capital contribution, these funds are the basis upon which to establish the company and Increase its capital and return those shares is not without flaws are increasing valued this increase are fake no basis to exist, which lead to an unreal picture of the company's capital contribution, thus fooling the audience underwriters , As well as different corporate laws in, determining the basis upon which the founders in their behaviour during the establishment stage, for example specifying a time share ownership transfer in kind to the company owes the contribution still lacked legal authority in her actions, because it is still in the making, but Stock - inkind discriminates from the rest of the other stocks as exceptional and only submitted to company founders, and do not expose to the public offering, which announced the founders as well as they are subject to legal organization assessment procedures for determining monetary value represented in the company's capital contribution. A number of conditions stipulated by the Iraqi legislature in corporate law in force 21 of 1997 amended by order number 64 of 2004 by the Coalition Provisional Authority, presumably achieved when making stock or deposits in kind including limitation on the founders and that during Foundation, as well as the principle should be accountable; they are often offered for sale, transferred to the custody of the company contributing with not allowing the author asked to enter company edema, and other conditions must be fit for the company to achieve its goals, and pain Shared within the legally permitted for subscribe, It follows the stock offering in kind among the legal consequences, including being subject to several stages in their assessment, So it need to a Committee to assess the value of the shares or deposits in kind, but this is not definitive, since the Commission must present a report at the founding meeting of the joint stock company When the vote on the draft joint stock company establishment procedures, a report prepared by the Commission, founding members are also subject to Commission legal question in case their manipulation in stock value inkind, that provided most of the legal.
