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Directive 68/151/EEC

 

I. General Information

Title

First Council Directive  68/151/EEC of 9 March 1968 on co-ordination of safeguards which, for the protection of the interests of members and others, are required by Member States of companies within the meaning of the second paragraph of Article 58 of the Treaty, with a view to making such safeguards equivalent throughout the Community

Status: Repealed
Description

Whereas the co-ordination of national provisions concerning disclosure, the validity of obligations entered into by, and the nullity of, such companies is of special importance, particularly for the purpose of protecting the interests of third parties;

Whereas in these matters Community provisions must be adopted in respect of such companies simultaneously, since the only safeguards they offer to third parties are their assets;

Whereas the basic documents of the company should be disclosed in order that third parties may be able to ascertain their contents and other information concerning the company, especially particulars of the persons who are authorised to bind the company;

Whereas the protection of third parties must be ensured by provisions which restrict to the greatest possible extent the grounds on which obligations entered into in the name of the company are not valid;

Whereas it is necessary, in order to ensure certainty in the law as regards relations between the company and third parties, and also between members, to limit the cases in which nullity can arise and the retroactive effect of a declaration of nullity, and to fix a short time limit within which third parties may enter objection to any such declaration;

Directive 68/151/EEC
Source O.J. EEC No L (Legislation), Edition 65, Year 1968, p.8 - 12
Adoption 03/09/1968
Promulgation 03/14/1968
Character Regular Act
Legal Basis Art. 251 EC
Legislative Procedure Codecision procedure
 

II. Versions and Legislative History

 

1. Versions

  2009/101/EC
    09/16/2009 (A)
    10/01/2009 (P)
Directive 68/151/EWG repealed by

Directive  2009/101/EC of the European Parliament and of the Council of 16 September 2009 on coordination of safeguards which, for the protection of the interests of members and third parties, are required by Member States of companies within the meaning of the second paragraph of Article 48 of the Treaty, with a view to making such safeguards equivalent

  2003/58/EC
    07/15/2003 (A)
    09/04/2003 (P)
Directive 68/151/EWG amended by

Directive  2003/58/EC of the European Parliament and of the Council of 15 July 2003 amending Council Directive  68/151/EEC, as regards disclosure requirements in respect of certain types of companies

  68/151/EEC
    03/09/1968 (A)
    03/14/1968 (P)

Original Text :
First Council Directive  68/151/EEC of 9 March 1968 on co-ordination of safeguards which, for the protection of the interests of members and others, are required by Member States of companies within the meaning of the second paragraph of Article 58 of the Treaty, with a view to making such safeguards equivalent throughout the Community

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(A) Adoption | (P) Promulgation
 

2. Legislative History

11/27/1964 Opinion of the European Economic and Social Committee ABL. 194/64 p. 3248
05/28/1966 Report of the European Parliament - 1st reading ABL. 96/66 p. 1519
Language:
Deutsch Deutsch
English Englisch
Francais Französisch
Chinese Chinesisch

Legende

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Vorhaben Vorhaben
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Englisch Englische Fassung
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Overview

I. General Information
II. Versions and Legislative History
1. Versions
2. Legislative History

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