SECTION 518

Subject to the provisions of this article, the Articles of Association of the company shall lay down the rules of convening meetings of shareholders. Meetings shall be called by a convening notice which shall be inserted in a newspaper empowered to publish legal notices. Where all the shares are registered, the publication provided for in the preceding paragraph may be replaced by an invitation, at the expense of the company, by hand-delivered letter with acknowledgement of receipt or by registered letter with notification of reception. The invitation shall include the agenda of the meeting. Shareholders shall receive or be informed of the invitation no later than fifteen days before the date of the meeting in the case of a first invitation and, where necessary, no later than six days before the date of the meeting for subsequent invitations. Where the meeting is convened by an agent appointed by the court, the judge may fix a different deadline.