Creation of own reserves for own shares in the acquisition of own shares for withdrawal by simplified procedure under Slovenian law where the consideration is paid in instalments

Abstract

During the process of withdrawing own shares, the rules that are relevant, among others, to their acquisition by the company are regulations governing the creation of reserves for own shares. The regulations are clear in cases where the company acquires their own shares simultaneously with the payment of the purchase price. This article will pertain to the proper application of these regulations according to Slovenian law, specifically in cases where the company pays the purchase price for their own shares, which it intends to withdraw after acquisition, in instalments, and acquires their own shares only after paying the last instalment of the purchase price.

Keywords

reserves for own shares;protection of creditors;purchase price paid in instalments;capital maintenance principle;withdrawal of own shares;joint-stock company;balance sheet law;

Data

Language:	English
Year of publishing:	2018
Typology:	1.01 - Original Scientific Article
Organization:	UM PF - Faculty of Law
UDC:	334.722.8:347.7(497.4)
COBISS:	5632043
ISSN:	1855-7147
Parent publication:	Lexonomica
Views:	1084
Downloads:	302
Average score:	0 (0 votes)
Metadata:

Other data

Secondary language:	Slovenian
Secondary keywords:	rezerve za lastne delnice;zaščita upnikov;nakupna cena v obrokih;načelo vzdrževanja kapitala;odvzem lastnih delnic;delniška družba;bilančno pravo;
URN:	URN:SI:UM:
Type (COBISS):	Scientific work
Pages:	str. 21-31
Volume:	ǂVol. ǂ10
Issue:	ǂno. ǂ1
Chronology:	Jun. 2018
DOI:	10.18690/lexonomica.10.1.21-32.2018
ID:	10950232