Commercial Companies Law

Commercial Companies Law — Article 156

All securities or bonds of each issue shall enjoy equal and inherent rights in accordance with the provisions of the articles of association of the company and the content of the resolution of the general meeting or the board of directors for issuing the securities or bonds. The most important of these rights are: the right to recover their value from the funds of the company, the right to attend the general meeting of holders of securities or bondholders and to inspect the financial statements and obtain a copy thereof, the right to convene a general meeting of holders of securities or bondholders especially pursuant to a request of ten percent (10%) of holders of securities or bondholders for consideration of the financial statements and matters, and the right to peruse the minutes of the general meetings of the company.

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