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Structural division: books › party › CHAPTER EIGHT › SECTION ONE
Article 444 — Period for Effecting an Increase of Capital
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
A resolution or an approval by an extraordinary general meeting to increase the capital shall be of no effect if not carried out within five years from the day the resolution was passed unless the increase is by conversion of debentures.
