Commercial Companies Law

Article 138 — Article (138) Acts of the Founders

Part Four: Public Joint Stock Companies · Chapter One: Definition and Incorporation of the Public Joint Company and its

Once the Company is recorded in the commercial register with the Competent Authority, the effects of all acts performed by the founders for the Company's for the latter's benefit prior to its registration, shall be transferred to the Company. The Company shall bear all the expenses incurred by the founders in this respect.

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