+TITLE II CONVERSIONS, MERGERS AND DIVISIONS OF LIMITED LIABILITY COMPANIES
---+CHAPTER -I Cross-border conversions
------+Article 86a Scope
---------+Article 86a 1.
---------+Article 86a 2.
---------+Article 86a 3.
---------+Article 86a 4.
------+Article 86b Definitions
------+Article 86c Procedures and formalities
------+Article 86d Draft terms of cross-border conversions
------+Article 86e Report of the administrative or management body for members and employees
---------+Article 86e 1.
---------+Article 86e 2.
---------+Article 86e 3.
---------+Article 86e 4.
---------+Article 86e 5.
---------+Article 86e 6.
---------+Article 86e 7.
---------+Article 86e 8.
---------+Article 86e 9.
---------+Article 86e 10.
------+Article 86f Independent expert report
---------+Article 86f 1.
---------+Article 86f 2.
---------+Article 86f 3.
------+Article 86g Disclosure
---------+Article 86g 1.
---------+Article 86g 2.
---------+Article 86g 3.
---------+Article 86g 4.
---------+Article 86g 5.
---------+Article 86g 6.
------+Article 86h Approval by the general meeting
---------+Article 86h 1.
---------+Article 86h 2.
---------+Article 86h 3.
---------+Article 86h 4.
---------+Article 86h 5.
------+Article 86i Protection of members
---------+Article 86i 1.
---------+Article 86i 2.
---------+Article 86i 3.
---------+Article 86i 4.
---------+Article 86i 5.
------+Article 86j Protection of creditors
---------+Article 86j 1.
---------+Article 86j 2.
---------+Article 86j 3.
---------+Article 86j 4.
------+Article 86k Employee information and consultation
---------+Article 86k 1.
---------+Article 86k 2.
---------+Article 86k 3.
------+Article 86l Employee participation
---------+Article 86l 1.
---------+Article 86l 2.
---------+Article 86l 3.
---------+Article 86l 4.
---------+Article 86l 5.
---------+Article 86l 6.
---------+Article 86l 7.
---------+Article 86l 8.
------+Article 86m Pre-conversion certificate
---------+Article 86m 1.
---------+Article 86m 2.
---------+Article 86m 3.
---------+Article 86m 4.
---------+Article 86m 5.
---------+Article 86m 6.
---------+Article 86m 7.
---------+Article 86m 8.
---------+Article 86m 9.
---------+Article 86m 10.
---------+Article 86m 11.
---------+Article 86m 12.
------+Article 86n Transmission of the pre-conversion certificate
---------+Article 86n 1.
---------+Article 86n 2.
------+Article 86o Scrutiny of the legality of the cross-border conversion by the destination Member State
---------+Article 86o 1.
---------+Article 86o 2.
---------+Article 86o 3.
---------+Article 86o 4.
---------+Article 86o 5.
------+Article 86p Registration
---------+Article 86p 1.
---------+Article 86p 2.
---------+Article 86p 3.
------+Article 86q Date on which the cross-border conversion takes effect
------+Article 86r Consequences of a cross-border conversion
------+Article 86s Independent experts
---------+Article 86s 1.
---------+Article 86s 2.
------+Article 86t Validity
---+CHAPTER I Mergers of public limited liability companies
------+Section 1 General provisions on mergers
---------+Article 87 General provisions
------------+Article 87 1.
------------+Article 87 2.
------------+Article 87 3.
------------+Article 87 4.
---------+Article 88 Rules governing mergers by acquisition and mergers by formation of a new company
---------+Article 89 Definition of a ‘merger by acquisition’
------------+Article 89 1.
------------+Article 89 2.
---------+Article 90 Definition of a ‘merger by the formation of a new company’
------------+Article 90 1.
------------+Article 90 2.
------+Section 2 Merger by acquisition
---------+Article 91 Draft terms of merger
------------+Article 91 1.
------------+Article 91 2.
---------+Article 92 Publication of the draft terms of merger
---------+Article 93 Approval by the general meeting of each of the merging companies
------------+Article 93 1.
------------+Article 93 2.
------------+Article 93 3.
---------+Article 94 Derogation from the requirement of approval by the general meeting of the acquiring company
---------+Article 95 Detailed written report and information on a merger
------------+Article 95 1.
------------+Article 95 2.
------------+Article 95 3.
---------+Article 96 Examination of the draft terms of merger by experts
------------+Article 96 1.
------------+Article 96 2.
------------+Article 96 3.
------------+Article 96 4.
---------+Article 97 Availability of documents for inspection by shareholders
------------+Article 97 1.
------------+Article 97 2.
------------+Article 97 3.
------------+Article 97 4.
---------+Article 98 Protection of employees' rights
---------+Article 99 Protection of the interests of creditors of the merging companies
------------+Article 99 1.
------------+Article 99 2.
------------+Article 99 3.
---------+Article 100 Protection of the interests of debenture holders of the merging companies
---------+Article 101 Protection of holders of securities, other than shares, to which special rights are attached
---------+Article 102 Drawing up and certification of documents in due legal form
------------+Article 102 1.
------------+Article 102 2.
---------+Article 103 Date on which a merger takes effect
---------+Article 104 Publication formalities
------------+Article 104 1.
------------+Article 104 2.
---------+Article 105 Consequences of a merger
------------+Article 105 1.
------------+Article 105 2.
------------+Article 105 3.
---------+Article 106 Civil liability of members of the administrative or management bodies of the company being acquired
---------+Article 107 Civil liability of the experts responsible for drawing up the expert report on behalf of the company being acquired
---------+Article 108 Conditions for nullity of a merger
------------+Article 108 1.
------------+Article 108 2.
------------+Article 108 3.
------+Section 3 Merger by formation of a new company
---------+Article 109 Merger by formation of a new company
------------+Article 109 1.
------------+Article 109 2.
------+Section 4 Acquisition of one company by another which holds 90 % or more of its shares
---------+Article 110 Transfer of all assets and liabilities by one or more companies to another company which is the holder of all their shares
---------+Article 111 Exemption from the requirement of approval by the general meeting
---------+Article 112 Shares held by or on behalf of the acquiring company
---------+Article 113 Merger by acquisition by a company which holds 90 % or more of the shares of a company being acquired
---------+Article 114 Exemption from requirements applicable to mergers by acquisition
---------+Article 115 Transfer of all assets and liabilities by one or more companies to another company which is the holder of 90 % or more of their shares
------+Section 5 Other operations treated as mergers
---------+Article 116 Mergers with cash payment exceeding 10 %
---------+Article 117 Mergers without all of the transferring companies ceasing to exist
---+CHAPTER II Cross-border mergers of limited liability companies
------+Article 118 General provisions
------+Article 119 Definitions
------+Article 120 Further provisions concerning scope
---------+Article 120 1.
---------+Article 120 2.
---------+Article 120 3.
---------+Article 120 4.
---------+Article 120 5.
------+Article 121 Conditions relating to cross-border mergers
---------+Article 121 1.
---------+Article 121 2.
------+Article 122 Common draft terms of cross-border mergers
------+Article 123 Disclosure
---------+Article 123 1.
---------+Article 123 2.
---------+Article 123 3.
---------+Article 123 4.
---------+Article 123 5.
---------+Article 123 6.
---------+Article 123 7.
------+Article 124 Report of the administrative or management body for members and employees
---------+Article 124 1.
---------+Article 124 2.
---------+Article 124 3.
---------+Article 124 4.
---------+Article 124 5.
---------+Article 124 6.
---------+Article 124 7.
---------+Article 124 8.
---------+Article 124 9.
---------+Article 124 10.
------+Article 125 Independent expert report
---------+Article 125 1.
---------+Article 125 2.
---------+Article 125 3.
---------+Article 125 4.
------+Article 126 Approval by the general meeting
---------+Article 126 1.
---------+Article 126 2.
---------+Article 126 3.
---------+Article 126 4.
------+Article 126a Protection of members
---------+Article 126a 1.
---------+Article 126a 2.
---------+Article 126a 3.
---------+Article 126a 4.
---------+Article 126a 5.
---------+Article 126a 6.
---------+Article 126a 7.
------+Article 126b Protection of creditors
---------+Article 126b 1.
---------+Article 126b 2.
---------+Article 126b 3.
------+Article 126c Employee information and consultation
---------+Article 126c 1.
---------+Article 126c 2.
---------+Article 126c 3.
------+Article 127 Pre-merger certificate
---------+Article 127 1.
---------+Article 127 2.
---------+Article 127 3.
---------+Article 127 4.
---------+Article 127 5.
---------+Article 127 6.
---------+Article 127 7.
---------+Article 127 8.
---------+Article 127 9.
---------+Article 127 10.
---------+Article 127 11.
---------+Article 127 12.
------+Article 127a Transmission of the pre-merger certificate
---------+Article 127a 1.
---------+Article 127a 2.
------+Article 128 Scrutiny of the legality of the cross-border merger
---------+Article 128 1.
---------+Article 128 2.
---------+Article 128 3.
---------+Article 128 4.
---------+Article 128 5.
------+Article 129 Date on which the cross-border merger takes effect
------+Article 130 Registration
---------+Article 130 1.
---------+Article 130 2.
---------+Article 130 3.
------+Article 131 Consequences of a cross-border merger
---------+Article 131 1.
---------+Article 131 2.
---------+Article 131 3.
---------+Article 131 4.
---------+Article 131 5.
------+Article 132 Simplified formalities
---------+Article 132 1.
---------+Article 132 2.
---------+Article 132 3.
------+Article 133 Employee participation
---------+Article 133 1.
---------+Article 133 2.
---------+Article 133 3.
---------+Article 133 4.
---------+Article 133 5.
---------+Article 133 6.
---------+Article 133 7.
---------+Article 133 8.
------+Article 133a Independent experts
---------+Article 133a 1.
---------+Article 133a 2.
------+Article 134 Validity
---+CHAPTER III Divisions of public limited liability companies
------+Section 1 General provisions
---------+Article 135 General provisions on division operations
------------+Article 135 1.
------------+Article 135 2.
------------+Article 135 3.
------------+Article 135 4.
------+Section 2 Division by acquisition
---------+Article 136 Definition of a ‘division by acquisition’
------------+Article 136 1.
------------+Article 136 2.
------------+Article 136 3.
---------+Article 137 Draft terms of division
------------+Article 137 1.
------------+Article 137 2.
------------+Article 137 3.
---------+Article 138 Publication of the draft terms of division
---------+Article 139 Approval by the general meeting of each company involved in a division
------------+Article 139 1.
------------+Article 139 2.
---------+Article 140 Derogation from the requirement of approval by the general meeting of a recipient company
---------+Article 141 Detailed written report and information on a division
------------+Article 141 1.
------------+Article 141 2.
------------+Article 141 3.
---------+Article 142 Examination of the draft terms of division by experts
------------+Article 142 1.
------------+Article 142 2.
---------+Article 143 Availability of documents for inspection by shareholders
------------+Article 143 1.
------------+Article 143 2.
------------+Article 143 3.
------------+Article 143 4.
---------+Article 144 Simplified formalities
------------+Article 144 1.
------------+Article 144 2.
---------+Article 145 Protection of employees' rights
---------+Article 146 Protection of the interests of creditors of companies involved in a division; joint and several liability of the recipient companies
------------+Article 146 1.
------------+Article 146 2.
------------+Article 146 3.
------------+Article 146 4.
------------+Article 146 5.
------------+Article 146 6.
------------+Article 146 7.
---------+Article 147 Protection of holders of securities, other than shares, to which special rights are attached
---------+Article 148 Drawing up and certification of documents in due legal form
---------+Article 149 Date on which a division takes effect
---------+Article 150 Publication formalities
------------+Article 150 1.
------------+Article 150 2.
---------+Article 151 Consequences of a division
------------+Article 151 1.
------------+Article 151 2.
------------+Article 151 3.
---------+Article 152 Civil liability of members of the administrative or management bodies of a company being divided
---------+Article 153 Conditions for nullity of a division
------------+Article 153 1.
------------+Article 153 2.
------------+Article 153 3.
---------+Article 154 Exemption from the requirement of approval by the general meeting of the company being divided
------+Section 3 Division by the formation of new companies
---------+Article 155 Definition of a ‘division by the formation of new companies’
------------+Article 155 1.
------------+Article 155 2.
---------+Article 156 Application of rules on divisions by acquisition
------------+Article 156 1.
------------+Article 156 2.
------------+Article 156 3.
------------+Article 156 4.
------+Section 4 Divisions under the supervision of a judicial authority
---------+Article 157 Divisions under the supervision of a judicial authority
------------+Article 157 1.
------------+Article 157 2.
------+Section 5 Other operations treated as divisions
---------+Article 158 Divisions with cash payment exceeding 10 %
---------+Article 159 Divisions without the company being divided ceasing to exist
------+Section 6 Application arrangements
---------+Article 160 Transitional provisions
---+CHAPTER IV Cross-border divisions of limited liability companies
------+Article 160a Scope
---------+Article 160a 1.
---------+Article 160a 2.
---------+Article 160a 3.
---------+Article 160a 4.
---------+Article 160a 5.
------+Article 160b Definitions
------+Article 160c Procedures and formalities
------+Article 160d Draft terms of cross-border divisions
------+Article 160e Report of the administrative or management body for members and employees
---------+Article 160e 1.
---------+Article 160e 2.
---------+Article 160e 3.
---------+Article 160e 4.
---------+Article 160e 5.
---------+Article 160e 6.
---------+Article 160e 7.
---------+Article 160e 8.
---------+Article 160e 9.
---------+Article 160e 10.
------+Article 160f Independent expert report
---------+Article 160f 1.
---------+Article 160f 2.
---------+Article 160f 3.
------+Article 160g Disclosure
---------+Article 160g 1.
---------+Article 160g 2.
---------+Article 160g 3.
---------+Article 160g 4.
---------+Article 160g 5.
---------+Article 160g 6.
------+Article 160h Approval by the general meeting
---------+Article 160h 1.
---------+Article 160h 2.
---------+Article 160h 3.
---------+Article 160h 4.
---------+Article 160h 5.
------+Article 160i Protection of members
---------+Article 160i 1.
---------+Article 160i 2.
---------+Article 160i 3.
---------+Article 160i 4.
---------+Article 160i 5.
---------+Article 160i 6.
---------+Article 160i 7.
------+Article 160j Protection of creditors
---------+Article 160j 1.
---------+Article 160j 2.
---------+Article 160j 3.
---------+Article 160j 4.
------+Article 160k Employee information and consultation
---------+Article 160k 1.
---------+Article 160k 2.
---------+Article 160k 3.
------+Article 160l Employee participation
---------+Article 160l 1.
---------+Article 160l 2.
---------+Article 160l 3.
---------+Article 160l 4.
---------+Article 160l 5.
---------+Article 160l 6.
---------+Article 160l 7.
---------+Article 160l 8.
------+Article 160m Pre-division certificate
---------+Article 160m 1.
---------+Article 160m 2.
---------+Article 160m 3.
---------+Article 160m 4.
---------+Article 160m 5.
---------+Article 160m 6.
---------+Article 160m 7.
---------+Article 160m 8.
---------+Article 160m 9.
---------+Article 160m 10.
---------+Article 160m 11.
---------+Article 160m 12.
------+Article 160n Transmission of the pre-division certificate
---------+Article 160n 1.
---------+Article 160n 2.
------+Article 160o Scrutiny of the legality of the cross-border division
---------+Article 160o 1.
---------+Article 160o 2.
---------+Article 160o 3.
---------+Article 160o 4.
---------+Article 160o 5.
------+Article 160p Registration
---------+Article 160p 1.
---------+Article 160p 2.
---------+Article 160p 3.
---------+Article 160p 4.
------+Article 160q Date on which the cross-border division takes effect
------+Article 160r Consequences of a cross-border division
---------+Article 160r 1.
---------+Article 160r 2.
---------+Article 160r 3.
---------+Article 160r 4.
---------+Article 160r 5.
---------+Article 160r 6.
------+Article 160s Simplified formalities
------+Article 160t Independent experts
---------+Article 160t 1.
---------+Article 160t 2.
------+Article 160u Validity

TITLE II CONVERSIONS, MERGERS AND DIVISIONS OF LIMITED LIABILITY COMPANIES

TITLE II CONVERSIONS, MERGERS AND DIVISIONS OF LIMITED LIABILITY COMPANIES

1. Overview

,
CHAPTER -I Cross-border conversions CHAPTER -I Cross-border conversions
CHAPTER I Mergers of public limited liability companies CHAPTER I Mergers of public limited liability companies
CHAPTER II Cross-border mergers of limited liability companies CHAPTER II Cross-border mergers of limited liability companies
CHAPTER III Divisions of public limited liability companies CHAPTER III Divisions of public limited liability companies
CHAPTER IV Cross-border divisions of limited liability companies CHAPTER IV Cross-border divisions of limited liability companies

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
  • Builddate: 12.08.2022 00:00:00 -Doknr: CELEX:32017L1132
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