Publication: Magyar Közlöny
Issue: MK-2010-27 (Year: 2010, Number: 27)
Era: contemporary
Section: A Kormány 35/2010. (II. 26.) Korm. rendelete
Paragraph Index: 178

c) the Shareholder violates its fundamental obligations under these Articles of Association or under the bylaws with respect to the Company, including if it is longer than three years in arrears with making its cash or in-kind contributions. In these cases, the Shareholder affected shall have no voting right in the decision on redemption, and its votes will not be taken into consideration when the achieved majority is determined. Nevertheless, the Shareholder is authorised to attend the respective Council meeting and has the right of justification before the resolution concerning the redemption or assignation is taken.

Source: https://magyarkozlony.hu/hivatalos-lapok/b360c8f229ce8a581f4448ecd98bb25b403dd2af/dokumentumok/56ae5c2d1a0efb4138a3214dd88e332410b11b21/letoltes