The Law prescribes necessary notifications which are primarily based on turnover thresholds – a notification is required for any focus of undertakings where the mixed turnovers of the parties exceed the prescribed thresholds.
The staff of the transferred firm registered in the territory of the Republic of Serbia have the best to participate in decision-making within the recipient company registered within the territory of one other member state in accordance with the rules referred to in paragraph 1 of this Article. Each individual company participating within the acquisition appoints an auditor to audit the joint draft of the acquisition contract, who makes the acquisition report, no later than one month earlier than the day of the session of the overall meeting at which the acquisition decision is made. In the one-tier system, apart from the Shareholders Assembly, a company has one or more administrators , all of whom are presumed to act as executives, in command of the daily working of the business of the company. The registrar preserving the register of enterprise entities, points Lawyer Turkey ex officio the decree on the deletion of the enterprise entity referred to in paragraph 1 of this Article. This Act enters into pressure on the eighth day from the day of its publication in the “Official Herald of the Republic of Serbia”, and shall apply as of February 1, 2012, save for Article 344 paragraph 9 and Article 586, paragraph 1, merchandise 8) of this Act, which shall apply as of January 1, 2014.
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The redeemer is obliged to deposit the funds for the fee of the price of shares from paragraph 1 of this Article within three working days from the day of delivery of the decision on compulsory repurchase of stocks to a special account opened for this function, in addition to to submit proof thereof to the Central registry.
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