The professional will transform what the clients decide
Posted: Wed Jan 22, 2025 8:00 am
But let's go back there. Do you remember the case we told you about? The group of investors who looked at some hypotheses and faced the issue: unanimity or qualification. We said that they decided to reject the need for unanimity and started to investigate what qualification they would adopt for the age of majority. The solution they adopted was interesting: they defined two qualifications. For some matters, a qualified majority of 80% of the voting capital. For other matters, a qualified majority of two-thirds of the voting capital. They did so considering impacts, repercussions, and implications.
They created their own regulations that reflected what they bulk sms bahrain considered appropriate for reforming the points agreed upon when the company was incorporated. The use of corporate technology brings this practicality and allows for personalized solutions. As we said, it allows for the use of fine tuning or, for those who like sound systems, this equalization. Yes, the challenge for every lawyer is to give visibility to this technical advantage that he offers to the client. The traditional product – the generic articles of incorporation – is far from this; but it can be copied from the internet (with all the risks that this entails).
Half plus one
But there are cases in which the best option is an absolute majority, which, as we know, is colloquially called “half plus one” or “50% = 1”: the smallest unit above half of the voting capital, whatever it may be. For those who accept the generality of the law, it is the general rule for limited companies, as can be seen from article 1,076, II, of the Civil Code, as amended by Law 13,792/19. It is important to warn clients about this: if they do not provide otherwise, they will fall under the general rule, which, in many cases, will not be exactly what they had in mind; but if they did not regulate differently, that is what will be valid. Without a shred of hope.
They created their own regulations that reflected what they bulk sms bahrain considered appropriate for reforming the points agreed upon when the company was incorporated. The use of corporate technology brings this practicality and allows for personalized solutions. As we said, it allows for the use of fine tuning or, for those who like sound systems, this equalization. Yes, the challenge for every lawyer is to give visibility to this technical advantage that he offers to the client. The traditional product – the generic articles of incorporation – is far from this; but it can be copied from the internet (with all the risks that this entails).
Half plus one
But there are cases in which the best option is an absolute majority, which, as we know, is colloquially called “half plus one” or “50% = 1”: the smallest unit above half of the voting capital, whatever it may be. For those who accept the generality of the law, it is the general rule for limited companies, as can be seen from article 1,076, II, of the Civil Code, as amended by Law 13,792/19. It is important to warn clients about this: if they do not provide otherwise, they will fall under the general rule, which, in many cases, will not be exactly what they had in mind; but if they did not regulate differently, that is what will be valid. Without a shred of hope.