Source: https://www.systemday.com/countries/denmark/denmark-companies-act/danish-private-companies-act.php
Timestamp: 2017-11-21 06:11:21
Document Index: 42135791

Matched Legal Cases: ['art 2', 'art 3', 'art 4', 'art 5', 'art 6', 'art 7', 'art 8', 'art 9', 'art 10', 'art 12', 'art 13', 'art 14']

This is an unofficial translation – only the Danish version in the Official Law Gazette (Lovtidende) has legal validity.
Part 2 The formation of private companies
Part 3 Payment of shares
Part 4 Shares and register of members
Part 5 The management of the company
Part 6 Shareholders’ right to make decisions
Part 7 Capital increase
Part 8 Capital reduction etc.
Part 9 Dissolution of private companies
Part 10 Merger and conversion into a public company
Part 12 Delivery of particulars for registration etc.
Part 13 Penalty provisions etc.
Part 14 Commencement provisions etc.
Powers to bind the company etc
Capital reduction etc
Loans, own shares, etc
Delivery of particulars for registration etc
(3) In the event that anyone believes that a registration is detrimental to him, the question of deleting the registration shall be decided by the courts of law. This does not apply to situations covered by section 36. Actions concerning the deletion of the registration shall be instituted against the company not later than six months after the announcement of the registration via the computerised information system of the Commerce and Companies Agency. The court shall send a transcript of the judgment to the Commerce and Companies Agency. A note concerning the outcome of the case shall be entered, free of charge, in the register of the Commerce and Companies Agency and an announcement shall be made via the computerised information system of the Agency.
Penalty provisions etc
Commencement provisions etc
81.—(1) This Act shall come into force as at 1 June 1996. However, section 59 shall not come into force until 1 January 1997.
(2) The Private Companies Act, see Consolidation Act no. 573 of 24 June 1994, shall be repealed on 1 June 1996.
"(2) A promoter must not have notified the insolvency court that he intends to suspend payments or that his estate is in the process of being administered in insolvent liquidation, and an individual shall be legally competent."
(5) Until 1 January 1997 the fourth clause of section 19 (1) shall be drafted as follows —
"The officers of the company shall be legally competent."
82.—This Act shall not extend to the Faroe Islands and Greenland but may by Royal Decree be extended to those parts of the Kingdom of Denmark subject to such modifications as circumstances peculiar to the Faroe Islands and Greenland may require.
83.—In acts passed before 1 January 1974 "companies" are deemed also to include private companies under this Act.
16.—This Act shall come into force on 1 January 1999.
Section 1 shall apply to financial years starting on 1 January 1999 or later.
17.- This Act shall not extend to the Faroe Islands and Greenland but sections 1-3 and 10-12 may by Royal Decree be extended to those parts of the Kingdom of Denmark subject to such modifications as circumstances peculiar to the Faroe Islands and Greenland may require.