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      • Native Language:
      • Chinese
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    • Join Date: Oct 2013
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    #1

    Angry Plese healp me with law terms, thanks

    Hey there,

    Here is a part of contract article of a sample company.

    "Notwithstanding anything herein contained in these articles, the directors of the company shall not decline to register any transfer of shares which have been charged or mortgaged, in favor of any bank or person, by way of security whether the relevant transfer is to the charges or to its nominee or to any other person on the enforcement by the charges or its security in accordance with the terms of such security. For the purposes of this article, a certificate by any official of such bank or person that the shares were so charged or mortgaged and the transfer was so executed shall be conclusive evidence of such facts. "

    Its kind of difficult for me to fully understand it. Really need your help with this part.

    Could anyone translate this into more understandble words for me?

    Thanks,

    Zoey

  1. Tarheel's Avatar
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      • American English
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    • Join Date: Jun 2014
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    #2

    Re: Plese healp me with law terms, thanks

    IT'S rather difficult for me too.

  2. Tarheel's Avatar
    • Member Info
      • Native Language:
      • American English
      • Home Country:
      • United States
      • Current Location:
      • United States

    • Join Date: Jun 2014
    • Posts: 10,994
    #3

    Re: Plese healp me with law terms, thanks

    I think you need a lawyer to explain that. It should be somebody who specializes in contract law.

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