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Amendments To The Commercial Law Of The

Original Language Title: Grozījumi Komerclikumā

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The Saeima has adopted and the President promulgated the following laws: Law commercial law (in the Republic of Latvia Saeima and the Cabinet of Ministers rapporteur, 2000, no. 11; 2001, 3, 9, 15; 2002, 6, no no; 2004, nr. 10; 2005; 2006, nr. 14, 8. no; 2008, no. 12; 2009, no 3; Latvian journal 2010, 68 no; 2011, 99, 107 no; 2012, no 104, 199; 13, 97, 119, no.) the amendments are as follows: 1. Article 75 of the first paragraph: replace the introductory paragraph of number and the word "200 000 lats" with a number and the word "Euro" 284 600; Replace in paragraph 1, the number and the word "20 000 lats" with a number and the word "28 500 euro". 2. Replace the second paragraph of article 151, the words "in lats" with the word "Euro". 3. Replace the second paragraph of article 154 of the number and the word "4000 lats" with a number and the word "Euro" 5700. 4. Article 172: replace the second part of the number and the word "50 000 lats" with a number and the word "71 100 euro"; replace the sixth part number and the word "50 000 lats" with a number and the word "71 100 euro". 5. Replace article 185, the number and the word "dollars" to the number in 2000, and the word "2800 euro". 6. Replace the first subparagraph of article 187, the words "in lats" with the words "whole" of the euro. 7. Replace the 225 in the first subparagraph of article number and the word "25 000 lats" with a number and the word "35 000 euro". 8. Express article 230 of the following: ' article 230. The nominal value of the shares (1) the nominal value of the shares is determined by the company's articles of Association and shall be expressed in euro.  (2) the nominal value of the Shares may not be less than 10 cents. (3) the nominal value of the shares should be shared with the company's stock less the nominal value and the 10 cents. " 9. Turn off the second part of article 443. 10. transitional provisions be supplemented by 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46 and 47 of the following paragraph: "35. Amended this law 75. the introductory part of the first paragraph of article 1, paragraph and the second paragraph of article 151, 154, in the second paragraph of article 172 in the second and sixth subparagraphs, article 185, 186 in the first paragraph, article 225 (with which the amount of money in dollars are expressed in euro) as well as the new version of article 230 and 443 of the second subparagraph of article shall enter into force on January 1, 2014. 36. Starting with January 1, 2014. the entry into force of this law on the amendments to the Corporation's share capital and the share capital (shares) outstanding nominal value of the base currency to the euro, the official commercial register may decide on recording in the commercial register, if the instruments of incorporation share capital and the share capital (shares) of nominal value expressed in dollars and application for recording in the commercial register of the Corporation filed in the commercial register authority to 31 December 2013. 37. If a corporation's share capital is expressed in dollars, starting with 1 January 2014:1) the limited liability company the share capital nominal value must be expressed in lats and the amount of share capital must not be less than 185 of this Act, to the extent laid down in article, subject to the exchange rate of the lats against the euro, as determined by the Council of the European Union pursuant to the Treaty on the functioning of the European Union article 140; 2 of this Act) of the first paragraph of article 185.1 conditions by limited liability companies the share capital nominal value must be expressed in lats and the amount of share capital must not be less than that laid down in article 185.1 of the law, it is subject to the exchange rate of the lats against the euro, as determined by the Council of the European Union pursuant to the Treaty on the functioning of the European Union article 140; 3) shares of a nominal value of the shares must be expressed in lats and the amount of share capital must not be less than 225. this law article, subject to the exchange rate of the lats against the euro, as determined by the Council of the European Union pursuant to the Treaty on the functioning of the European Union article 140. 38. the share capital of the Corporation that is expressed in dollars, from 2014 to 2016 January 1 June 30, reported the commercial register authority of the Statute which provides for amendments to the share capital and the share capital (shares) outstanding nominal value of the base currency to the euro. 39. Starting with 1 July 2014, applying commercial register authority amendments of the Statute, a corporation whose share capital is expressed in dollars, while the statute provide for share capital and the share capital (shares) outstanding nominal value of the base currency to the euro. 40. If a limited liability company in accordance with the transitional provisions of the Act or paragraph 39 to 38. log on the commercial register authority of the Statute which provides for amendments to the share capital and the share capital redenomination of the nominal value of the base currency to the euro, it shall be submitted to the register of members of the more recent partition where the share capital nominal value in euro. 41. According to the order of adoption of the euro law article 22, second and third in the denomination acquired the share capital (shares) of nominal value rounded down to the nearest value in multiples of the minimum share capital (shares) the face value of the euro. A corporation may provide for other parts of the fixed capital (shares) at face value, if it is necessary for the introduction of the euro article 22 of the law on the procedure of the principles laid down in the first subparagraph. 42. According to the order of adoption of the euro law article 22, third in the denomination [including fixing other parts of fixed capital (shares) of nominal value] for share capital share (share) net book value paid to Corporation members (shareholders) or the Clearing Corporation's reserves, is a value that cannot be expressed in the new part of the share capital (shares) and to assign the Corporation's members (shareholders) of the share capital in proportion to their parts of the suspension (the shares).
43. The Corporation's share capital and the share capital (shares) the denomination of the lats to the euro, carried out according to the order of adoption of the euro law and article 22 of this law and the transitional provisions 41.42, is not considered to be a reduction of the share capital of a capital company within the meaning of this law. The commercial register in the application to the Authority Board certifies that the share capital and the share capital (shares) in compliance with the euro denomination of the law article 22 principles laid down in the first subparagraph and not hurt the interests of the creditors. 44. Beginning with the January 1, 2014, the Corporation's members (shareholders) meeting decision on amendments to the Statute, which provides for the Corporation's share capital and the share capital (shares) outstanding nominal value of the base currency to the euro, is adopted by the participants (shareholders) of the members present at a meeting of the members (shareholders) a simple majority. 45. If the application for the amendment of the statutes of the Corporation and the society with limited liability registered members the last partition on the commercial register submitted to the authority in the period 1 January 2014 to 2016 and 30 June the members (shareholders) meeting decision on amendments to the Statute, statutes in full text in the new version and by limited liability companies participants register for the last partition is only meant to share capital and the share capital (shares) of a nominal or other sum of money specified in the statutes of the denomination of the lats to the euro : 1) the Corporation shall not apply the requirements of this law on the notarial attestation of a signature to the members (shareholders) meeting minutes or its derivatives, the full text of the Statute and the new version of the society with limited liability a member the last partition of the register; 2) a corporation is exempt from State fees for amendment of the Statute and the final register of members of the registration in the commercial register and the partition entries in the commercial register relating to share capital and the share capital (shares) of a nominal or other sum of money specified in the statutes of the denomination of the lats to the euro; 3) a corporation is exempt from the payment of such entry and of the promulgation in the Official Gazette of the message in the "journal", which related to the share capital and the share capital (shares) of a nominal or other sum of money specified in the statutes of the denomination from the base currency to the euro. 46. The transitional provisions 45. points 2 and 3 of subparagraph shall also apply where a company with limited liability in addition to the articles of Association, which includes share capital and the share capital redenomination of the nominal value of the base currency to the euro, the commercial register submitted to the authority of the current register of shareholders according to the transitional provisions of paragraph 31. 47. Beginning with the January 1, 2014, the commercial register recorded the amount of each contribution of NUW appear jointly, and the total investment of NUW appear jointly, expressed in dollars, the commercial register authority by 2014 July 1, expressed in euro, subject to the exchange rate of the lats against the euro, as determined by the Council of the European Union pursuant to the Treaty on the functioning of the European Union article 140. Record issued in the Official Gazette of the "journal" free. " The Parliament adopted the law in 2013 on 19 September. The President of the Parliament instead of the President's Āboltiņ 2013 in Riga on October 4.