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Convenience English translation of Czech official version In case of discrepancy, Czech version prevailsITEM 4: APPROVAL OF SHAREHOLDERSQUEEZEOUTOFPARTICIPATIONSECURITIESTOMAJORITYResolution:The General
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01
Obtain all the necessary documents and information related to the squeeze out process.
02
Identify and fill out the necessary forms for the approval of squeeze out.
03
Provide accurate and complete information about the parties involved and their respective shares.
04
Attach any supporting documents required by the regulatory authorities.
05
Submit the filled-out approval form along with all the necessary documents to the relevant authority.
06
Await the decision and follow any further instructions or requests from the authorities.
07
Upon approval, ensure proper communication and coordination with all parties involved to facilitate the squeeze out process.

Who needs approval of squeeze out?

01
Individuals or entities that hold a significant majority of shares in a company may need to seek approval of squeeze out.
02
Regulatory authorities may also require the approval of squeeze out to ensure transparency and fairness in the process.
03
Legal advisors or professionals involved in mergers and acquisitions may also need to understand the approval of squeeze out process.
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Approval of squeeze out is a legal process in which majority shareholders of a company force the minority shareholders to sell their shares at a predetermined price.
The majority shareholders of a company are required to file approval of squeeze out.
The approval of squeeze out form typically requires information about the company, the majority shareholders, the minority shareholders, and the proposed price for the shares.
The purpose of approval of squeeze out is to allow majority shareholders to gain full control of a company by eliminating minority shareholders.
The approval of squeeze out form must report information such as the company name, shareholder details, number of shares held, and the offer price.
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