Commercial Law: Trading Corporations (Vol.II) Third Edition

Stock company is the best example of corporations and because the shares of the stock holders are easily transferable and the stock holders have a limited responsibility toward the third person (the creditors), it is reckoned to be a proper place for capitalization; for this reason against some predictions, such companies met with an enthusiastic reception in Iran. It is not therefore surprising to know that the rules concerning these companies have undergone more changes than any other kinds and it is obvious that the study of such ever changing rules requires a more
rigorous attention, and it also occupies a greater space in this book.
This book is the second volume of the work titled “Laws of Commerce” which considers “companies with shared capital”. In this volume there is an introduction to companies with shared capital; and then establishment of stock companies; stock of companies with shared capital; and dissolution of stock companies are also discussed.