Examples of European cooperative society in a sentence
Other initiatives are expected in 2013 concerning the possible simplification of the arrangements for the involvement of employees in the framework of the European Company and the review of the Directive supplementing the Statute for a European cooperative society.
Expenses related to the establishment and operation of the representative committee, also to the election of its members, organising of negotiations (premises, materials, staff, and interpretation), as well as business trips of the members of the committee (travelling and accommodation expenses), shall be covered by the European commercial company, European cooperative society or acquiring company.
The representative committee shall, not later than four years after its establishment, decide by a simple majority whether to open negotiations with the executive body (administrative body) of the European commercial company or European cooperative society regarding the entering into an agreement referred to in Section 15 of this Law or to apply standard rules for involvement of employees referred to in Chapter IV of this Law also in future.
If different types of participation exist in participating companies or companies to be reorganised, the special negotiating body shall decide which type of participation to use in a European commercial company, European cooperative society or acquiring company.
If a decision referred to in Paragraph two of this Section is not taken, the type of participation existing in the participating company or company to be reorganised having the largest number of employees shall be used in a European commercial company, a European cooperative society or acquiring company, unless the parties agree regarding reduction of parcticipation rights pursuant to the procedures specified in this Law.
The Bulgarian law does not envisage special protection of the members who have opposed the merger.◊ upon transformation of a cooperative having its registered office in the Republic of Bulgaria into European cooperative society or of European cooperative society having a registered office in the Republic of Bulgaria into a cooperative the registry official at the Registration Agency shall appoint an inspector under art.
This practice conflicts with FMU guidelines, and is also contradicted by IKWRO’s experience that: “[I]involvement with the family will deter a victim from speaking about what has happened to them, and can put them in significant danger.” Id.
The members of the executive body (administrative body) or supervisory body of a company may refuse to provide information, the disclosure or use of which, having regard to its character and objective reasons, may cause substantial harm or losses to the participating companies, companies to be reorganised, the European commercial company, the European cooperative society and the acquiring company.
Such meetings shall not affect the powers of the executive body (administrative body) of the European commercial company or European cooperative society.
If there are no employees’s representatives in a European commercial company or European cooperative society, the members of the representative committee shall be elected by all the employees of the company pursuant to the procedures for election of' authorised employee’s representatives specified in the Labour Law.