1. Subject to the provisions of this Decree Law, the shareholders are required to approve – under a special resolution – the issuance of every new shares for increasing the issued capital. 2. Upon satisfying its full issued capital, the company may increase its issued capital under a special resolution. The company's board of directors shall implement such a special resolution within three [3] years of its issuance date; otherwise, the resolution shall be deemed void ab initio with regard to the amount of increase not implemented during the aforementioned period. 3. The resolution increasing the issued capital shall state the amount of increase and the price of the new shares issued. 4. If the increase of the issued capital of the company includes in-kind contributions, the provisions related to the valuation of in-kind contributions as contained in this Decree Law shall apply. 5. The SCA shall issue a resolution determining the terms and controls for increasing the issued capital of the company.
Interpretation and application must be checked against the official text and current version.