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Structural division: books › party › CHAPTER SIX
Article 417 — Powers of Debenture Holders` Meetings
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
1/ Meetings may adopt resolutions to protect the interests of debenture holders, to enforce the loan agreement and to provide for all necessary expenses in connection therewith.
2/ Resolutions adopted by debenture holders` meetings bind all debenture holders, whether absent or dissenting.