Open Company definition

Open Company means a Public Company or a Company which makes an public offering of shares in accordance with the provisions of legislative regulations in the field of capital markets.
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Examples of Open Company in a sentence

  • All Property Rights and Copyrights to Program ASTER and its components belong to The Legal owner - Open Company "IBIK" (INN 5026002770).

  • Shareholders representing more than 10% of our share capital, or, in case we are considered an Open Company one-twentieth, have the right to report to the competent court serious breaches of the duties of the directors which may be prejudicial to us or to our subsidiaries.

  • If such shareholders represent at least 5% of our share capital, or in case we are considered an Open Company (as described below) 2% of the same, our board of statutory auditors must investigate without delay and report its findings and recommendations at our shareholders’ meeting.

  • Open Company bank accounts in which all Company funds shall be deposited and from which payments shall be made.