Search News and Articles
Legal Newsletter: COMPANY LAW
An act by an SAS company in violation of its by-laws will not necessarily be invalidated
In a ruling dated May 18, 2010, the commercial division of the French Supreme Court (Cour de cassation) held that a decision taken in noncompliance with a provision of the bylaws or of the internal rules of a commercial company does not entail its invalidity, unless the provision breached stems from a mandatory rule of law.
For more information please visit www.bersay-associes.com