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61. However, the provision of China's Company Law regarding the limited liability company's equity transfer is rather simply and lack of executability.

62. The new company law expands the applicative scope of share repurchasing from two exceptive purposes to four so that it has a wider space to apply.

63. With the enforcement of new Company Law, a company should obtain a collective agreement when it intends to provide guaranty for domestic shareholders or other individual debt.

64. Chinese new Company Law establish One-member Company law system, but whether One-member Company have legitimate criminal law status or not is disputable.

65. Corporate venture capital organization is the venture capital firm established according to company law.

66. The newly emended company law and securities law reinforces legal regulation on listed corporation, gives prominence to its importance and speciality in all kinds companies.

66. Sentencedict.com try its best to collect and create good sentences.

67. As a main legal system, Company Law shall impenetrate the economic democracy into the foundation and action for company.

68. Therefore, the new Company Law adopts the cumulative voting system which we have learned the advanced experiences from some foreign countries and areas.

69. Before issuing company bonds, one must abide by the provisions of the Company Law, and report to and attain prior approval from a relevant department authorized by the State Council.

70. Familiar with China Company Law , Local Accounting Regulation and other relative laws.

71. Memorandum of Association, which is a famed as the constitution of a corporation, is an important chapter of company law.