Investors Handbook. A Legal Guide to Business in Georgia
partner, as well as representation of the company in the judicial proceedings that are carried out
against the directors;
c) Require to make a contribution;
d) Return of extra contribution;
e) Appoint and dismiss directors, sign and terminate agreements with them, approve their reports;
f) Make decisions on setting up a supervisory board;
g) Decisions on increasing the company's capital by making new/additional contributions.
7. Every decision of special importance outweighing regular activity of the company requires
approval of a general meeting with participation of all the partners.
10. At the general meeting, each partner of a general partnership and each general partner
of a limited partnership has one voting right. The limited partner of a limited partnership does
not have a voting right. Voting right of the partners of a limited liability company is specified
proportionally to their shares.
Article 16. Branch Office of a Company
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