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Structural division: books › party › CHAPTER EIGHT › SECTION TWO
Article 466 — Preservation of Rights for Shareholders
New Ethiopian Commercial Code Proclamation No. 1243 2021 English Version
Article text
An extraordinary general meeting may in a resolution authorizing a reduction provide that the shareholders shall be paid as a compensation for the reduction of the number of their shares or of the par value thereof an amount corresponding to the reduction, before any distribution of profits is made.