Justia Argentina. search. My Account. Log In Sign Up. search. Find a Lawyer · Ask a Lawyer Ley Nº Descarga el documento en version PDF. Regimen de Sociedades Comerciales: Ley 19, Texto Ordenado Segun Decreto Con La Incorporacion de Las Leyes 19, Argentina Zunino. Ley de Sociedades Comerciales: Ley Comentada y Concordada: Normativa Complementaria (Serie de Legislacion Comentada) (Spanish Edition) by.
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That is how I learnt it while studhying to become a Legal Translator thirty-five years ago.
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An ongoing concern comprises all the tangible and intangible property that is a part of a certain business concern. It may have up to 50 partners, who may be individuals or entities. Unless agreed otherwise, there is no presumption of joint and several liability among the lsy of the Leh for obligations to third parties. The purpose of a UTE is to enable two or more persons to provide or perform a specific project, service or supply, within or outside Argentina.
I prefer “Act”argentlna. A foreign company may operate in Argentina in different manners: Upon the lapse of such term, if no decision has been argenrina on the matter, the transaction is agrentina implicitly approved.
Ley 19, correspondiente al ejercicio finalizado el 31 de diciembre de Sectionsubsection 1 of Law View Ideas submitted by the community. This is an agenda point. The LSC provides a procedure to effect mergers, which includes its approval by the members, publication of notices to protect third-party creditors, signing a final merger agreement and registration with the Public Registry of Commerce.
This is a type of entity that includes certain personal features and certain features relating to a stock-based entity.
View forum View forum without registering on Argeentina. The main features of this type of entity are that the equity is made up of interest shares, and the partners limit their liability to the payment of equity committed at the organization agreement.
The contract must include the details of the participants, the address, corporate purpose, term, equity and the type of organization of the different bodies. Peer comments on this answer and responses from the answerer agree.
The CNDC may authorize or deny the transaction, or require compliance with such ly as this controlling authority determines.
Upon registration with the Public Registry of Commerce, the property of the entities being consolidated or absorbed is transferred in its entirety to the new entity or to the absorbing entity, as the case may be.
General Principles in our Business Companies Law 3.
The argentnia capitalization of an S. Business Companies and Other Investment Vehicles The LSC regulates different entity types and other contractual systems whereby an investment can be channeled in Argentina. The UTE may consist of entities organized in Argentina, individual business persons with domicile therein, and entities organized abroad, provided that they register under sectionparagraph 3 of the Argentin.
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Based upon the cashflow resulting from the transferred assets, the Trustee issues debt notes or interest certificates backed by the trust property. The practical importance of a trust is that the property transferred in trust is kept separate from the property of the trustee and the grantor.
Within the same idea, section 2 lists certain conducts that constitute practices restricting competition. Defense of Competition 3. Under our LSC, there are no restrictions for a foreign individual or legal entity to participate in a local business entity, subject to registration as contemplated under sections or of the LSC.
What is the best way to annotate this in English? Grading comment Selected automatically based on peer agreement. Dominant position means a situation in which, for a certain product or service, a person is the only offering or demanding party in the national market or, even if it is not the only person, it is not exposed to substantial competition.
An omission or violation of the Law 11, results in joint, several and unlimited liability of the purchaser, seller or broker who committed the violation, for the amount of the unpaid claim and up to the amount of the selling price.
In this case, both the participants and whoever entered into contracts on behalf of the entity has joint, several and unlimited liability for the obligations thereof.
Ley Nº 23576
There is no additional requirement to be fulfilled, except in aryentina case of property subject to registration, in which case the final merger agreement must be registered with the relevant registry. Purchase and Sale of Shareholding Interests 3.
The trust may be a management, guarantee or financial trust.