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Version status: Entered into force | Document consolidation status: Updated to reflect all known changes
Version date: 20 July 2017 - onwards
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Article 58 Serious loss of the subscribed capital

1. In the case of a serious loss of the subscribed capital, a general meeting of shareholders shall be called within the period laid down by the laws of the Member States, to consider whether the company should be wound up or any other measures taken.

2. The amount of a loss deemed to be serious within the meaning of paragraph 1 shall not be set by the laws of Member States at a figure higher than half the subscribed capital.

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