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ComCom - Just for to grasp it

Common company is any company owned by more than one shareholders, where

  • its shares are divided into 2 portions: the Private and the Common, of which proportions are set only once;
  • each of its shareholders can not own shares in its both portions, hence the shareholder is either a Common or a Private shareholder, respectively to the portion;
  • at least one common shareholder owns one share, otherwise the company is private; and
  • each of the common shareholders has equal number of shares and is either a person or a common company.

@bring back@

By namzezamnamzezam, on 31 Oct 2007 16:16 history Tags:

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