Italian Company Dissolution Causes
Summary
Article 2484 of the Italian Civil Code outlines various causes for company dissolution, such as expiration of the duration term, achievement or impossibility of achieving the companys purpose, shareholder decisions, reduction of capital below the legal minimum, and other reasons specified by the companys articles of incorporation. These causes ensure that companies operate within legal frameworks and dissolve when necessary. Understanding these provisions is crucial for compliance and legal operations in Italy.Full Conversation
Ok but what are the other reasons provided for by law? That they mean
Hey! Other reasons for dissolution of a company under Article * of the Italian Civil Code include:
- Decision by the shareholders
- Reduction of capital below the legal minimum
- Other reasons specified by the company's articles of incorporation
These are some of the additional causes provided by law.