English
Notwithstanding the provisions of Article 245 of this
Code, any shareholder with a decisive vote shall be jointly
and severally liable with the company where he is found to
have committed one of the following:
1/ intentionally commits an unlawful act that jeopardizes
the interests of the company, shareholders or
creditors of the company;
2/ intermingles the property of the company with that of
the shareholder;
3/ blurs the distinction between the identity of the
company and that of the shareholder or uses the
company as a façade to pursue his own interests and
goals or those of third parties
4/ deliberately releases, regarding the financial status of
the company, information that can mislead the
creditors of the company;
5/ makes use of the assets of the company for himself or
the benefit of a third party without making an arm’s
length payment or without the knowledge or decision
of an appropriate management body and
6/ causes the payment of dividends in excess of that
permitted under the law.
