Mortgage of Cooperative Joint Venture Assets Without Board Approval
March 31, 2001 | BY
clpstaff &clp articles The IssueArticle 28 of the PRC Sino-foreign Co-operative Joint Venture Law Implementing Rules (IR) requires a two-third quorum for a duly convened…
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The Issue
Article 28 of thePRC Sino-foreign Co-operative Joint Venture Law Implementing Rules (IR) requires a two-third quorum for a duly convened board meeting. In addition, Article 29 requires