Glossary entry (derived from question below)
French term or phrase:
Parts Sociales de Cent (ZZZ) dirhams chacune non représentée par des titres et a
English translation:
shares of ZZZ dirhams each, not represented by certificates/warrants
Added to glossary by
Willis
Sep 4, 2013 13:23
10 yrs ago
1 viewer *
French term
Parts Sociales de Cent (ZZZ) dirhams chacune non représentée par des titres et a
French to English
Bus/Financial
Business/Commerce (general)
A company's revised articles of association
Statement in the revised statutes of a Moroccan company.
The full sentence is: Le capital social est fixé à la somme de XXX MILLIONS (XXX) de dirhams et divisé en YYY Mille (YYY) Parts Sociales de ZZZ(ZZZ) dirhams chacune non représentée par des titres et attribuées à :
The PROBLEM, as I see it, is the presence of "non" before "representée". As it stands, I cannot think that the sentence makes sense. It may be an error in the original. What do you think?
The full sentence is: Le capital social est fixé à la somme de XXX MILLIONS (XXX) de dirhams et divisé en YYY Mille (YYY) Parts Sociales de ZZZ(ZZZ) dirhams chacune non représentée par des titres et attribuées à :
The PROBLEM, as I see it, is the presence of "non" before "representée". As it stands, I cannot think that the sentence makes sense. It may be an error in the original. What do you think?
Proposed translations
(English)
| 4 +2 | shares of ZZZ dirhams each, not represented by certificates/warrants |
philgoddard
|
Proposed translations
+2
16 mins
philgoddard
United States
United States
Native in English
Specializes in field
United States
Six languages into flawless English
Native in: English
Works in: German to English, French to English, Spanish to English, and 4 more.
Related KudoZ points
:
295
Selected
shares of ZZZ dirhams each, not represented by certificates/warrants
It means that no share certificates have been issued, so the only record will be the company's shareholder register.
4 KudoZ points awarded for this answer.
Comment: "Many thanks for the clarification. Willis"
Something went wrong...