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Israel Company Law
Interpretation of the law
Foundation of a Company
Incorporation
Right of Incorporation
Legal Personality
Establishment and Registration of a Company
Purpose of Company
Acts Performed by a Promoter
Articles of Association
Contents of Articles and their Alteration
Name of the Company
Objects of the Company
Registered Share Capital and Distribution Thereof
Limitation of Liability
The Registrar of Companies
The Companies Registry
Keeping of Registers
Appeal
Structure of the Company
Organs of the Company
Powers and the Liability for Acts
Division of Powers Among
Principal Organs
Liability of Company for Acts of Organs
Liability of Individuals in an Organ
Avoidance of Unauthorized Acts
The General Meeting
Powers of the General Meeting
Annual General Meeting and
Special General Meeting
Convening and Direction of
General Meeting
General Meeting of a Private Company
Quorum at General Meeting and Chairman of General Meeting
Voting at General Meeting
Voting by Voting Paper and Statement of Position
Minutes of the Meeting
Defects in Convening Meetings
The Board of Directors
Powers of the Board of Directors
Chairman of Board of Directors
Convening of Meetings of Board of Directors
Meetings of the Board of Directors and their Direction
Voting at the Board of Directors
Minutes of Meetings of the Board of Directors
Defects in Convening Meetings of the Board of Directors
Committees of the Board of Directors
Audit Committee
The General Manager
Administration of the Company
Register of Shareholders and Substantial Shareholders
The Registers
Register of Shareholders
Registration of Share Warrant
Register of Shareholders and Shareholders Outside Israel
Reporting
Reports of Private Companies
Reporting by Public Company
Internal Auditor in a
Public Company
Auditor
Appointment of Auditor
Independence
Ending of Auditor’s
Term of Office
Fees Payable to Auditor
Powers, Duties
and Responsibilities of Auditor
Financial Reports
The Shareholder
The Shareholder and the Share Certificate
Rights and Obligations of Shareholders
Derivative and Class actions
Derivative Action and Derivative Defense
Representative Action
Office Holders in a Company
Directors’ Appointment and Term of Office
Term of Office of Director and Termination thereof
Restrictions on Appointment and Termination of Office
Corporation as a Director
Substitute Director
External Director
Appointment and Dismissal
of Other Office Holders
Duties of Office Holders
Duty of Care
Fiduciary duty
Exemption, Indemnification and Insurance
Rights of Director
Transactions with Interested ies
Capital of the Company
Securities and Transactions Therein
Freedom to Diversify
Registered Share Capital
Issue of Securities
Transfer of Securities
Preservation and Distribution of Capital
Permitted Distribution
Dividend
Purchase
Prohibited Distribution
Redeemable Securities
Acquisition of Companies
Merger
Special Tender Offer
Forced Sale of Shares
Purchase of Shares of the Minority by Holder of Control
Power to Purchase the Shares of Opposing
Shareholders
in a Private Company
General Provisions
Alteration of Class of Corporation
Foreign Companies
Compromise or Arrangement
Remedies
and Monetary Sanctions
Remedies
Monetary Sanctions
A Public Company
Traded Outside Israel
Regulations
 

Israel Company Law 1999

 

Miss Sahara Ozer, will attend to you (in English)
at Phone No. +972 3 546 88 88

 

In case of emergency, call Gabriel Hanner
at his cellular: +972 50 552 33 33

 

Israel Company Law 1999

Part I: Interpretation of the law

Part II: Foundation of a Company

Chapter 1: Incorporation

Article A: Right of Incorporation

Article B: Legal Personality

Article C: Establishment and Registration of a Company

Article D: Purpose of Company

Article E: Acts Performed by a Promoter

Chapter 2: Articles of Association

Article A: Contents of Articles and their Alteration

Article B: Name of the Company

Article C: Objects of the Company

Article D: Registered Share Capital and Distribution Thereof

Article E: Limitation of Liability

Chapter 3: The Registrar of Companies

Article A: The Companies Registry

Article B: Keeping of Registers

Article C: Appeal

Part III: Structure of the Company

Chapter 1: Organs of the Company, their Powers and the Liability for their Acts

Article A: Organs

Article B: Division of Powers Among Principal Organs

Article C: Liability of Company for Acts of Organs

Article D: Liability of Individuals in an Organ

Article E: Avoidance of Unauthorized Acts

Chapter 2: The General Meeting

Article A: Powers of the General Meeting

Article B: Annual General Meeting and Special General Meeting

Article C: Convening and Direction of General Meeting

Article D: General Meeting of a Private Company

Article H: Quorum at General Meeting and Chairman of General Meeting

Article F: Voting at General Meeting

Article G: Voting by Voting Paper and Statement of Position

Article H: Minutes of the Meeting

Article I: Defects in Convening Meetings

Chapter 3: The Board of Directors

Article A: Powers of the Board of Directors

Article B: Chairman of Board of Directors

Article C: Convening of Meetings of Board of Directors

Article D: Meetings of the Board of Directors and their Direction

Article E: Voting at the Board of Directors

Article F: Minutes of Meetings of the Board of Directors

Article G: Defects in Convening Meetings of the Board of Directors

Article H: Committees of the Board of Directors

Article I: Audit Committee

Chapter 4: The General Manager

Part IV: Administration of the Company

Chapter 1: Registered Office

Chapter 2: Register of Shareholders and Register of Substantial Shareholders

Article A: The Registers

Article B: Register of Shareholders

Article C: Registration of Share Warrant

Article D: Register of Substantial Shareholders and Additional Register of Shareholders Outside Israel

Chapter 3: Reporting

Article A: Reports of Private Companies

Article B: Reporting by Public Company

Chapter 4: Internal Auditor in a Public Company

Chapter 5: Auditor

Article A: Appointment of Auditor

Article B: Independence

Article C: Ending of Auditor’s Term of Office

Article D: Fees Payable to Auditor

Article E: Powers, Duties and Responsibilities of Auditor

Chapter 3: Financial Reports

Part V: The Shareholder

Chapter 1: The Shareholder and the Share CertificateForfeiture

Chapter 2: Rights and Obligations of Shareholders

Chapter 3: Derivative and Class actions

Article A: Derivative Action and Derivative Defense

Article B: Representative Action

Part VI: Office Holders in a Company

Chapter 1: Directors’ Appointment and Term of Office

Article A: Term of Office of Director and Termination thereof

Article B: Restrictions on Appointment and Termination of Office

Article C: Corporation as a Director

Article D: Substitute Director

Article E: External Director

Chapter 2: Appointment and Dismissal of Other Office Holders

Chapter 3: Duties of Office Holders

Article A: Duty of Care

Article B: Fiduciary duty

Article C: Exemption, Indemnification and Insurance

Chapter 4: Rights of Director

Chapter 5: Transactions with Interested Parties

Part VII: Capital of the Company

Chapter 1: Securities and Transactions Therein

Article A: Freedom to Diversify

Article B: Registered Share Capital

Article C: Issue of Securities

Article D: Transfer of Securities

Chapter 2: Preservation and Distribution of Capital

Article A: Permitted Distribution

Article B: Dividend

Article C: Purchase

Article D: Prohibited Distribution

Article E: Redeemable Securities

Part VIII: Acquisition of Companies

Chapter 1: Merger

Chapter 2: Special Tender Offer

Chapter 3: Forced Sale of Shares

Article A: Purchase of Shares of the Minority by Holder of Control in a Public Company

Article B: Power to Purchase the Shares of Opposing Shareholders in a Private Company

Part IX: General Provisions

Chapter 1: Alteration of Class of Corporation

Chapter 2: Foreign Companies

 3: Compromise or Arrangement

Chapter 4: Remedies and Monetary Sanctions

Article A: Remedies

Article B: Monetary Sanctions

Chapter 5: A Public Company Whose Shares are Traded Outside Israel

Chapter 6: Regulations

Part X: Repeal, Transitional Provisions, Application and Commencement

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Miss Sahara Ozer, will attend to you (in English)
at Phone No. +972 3 546 88 88

 

In case of emergency, call Gabriel Hanner
at his cellular: +972 50 552 33 33

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