Societa a Responsabilita Limitata

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Societa a Responsabilita Limitata

Also called an Srl or an S.rl. A company in which the owners' risk is limited to the capital that they contribute. That is, they cannot lose and they cannot be held responsible in court for losses above their individual contributions. An Srl must abide by strict requirements (compared to other corporate structures) in issuing bonds. Owners make corporate decisions by vote. An Srl is a corporate form in Italy. See also: Public Limited Company.
References in periodicals archive ?
The Rebel range offers major new features to the customer : The carrying handle is now available from the smallest model, allowing a customer friendly handling of the SRL.
In short, the present investigation marks a critical first step in extending the robust literature on SRL in classroom settings to online learning environments.
Troy Regier of Fresno won the first three of the 19 scheduled SRL races but had to forfeit a win in last Sunday's race at Stockton 99 because he failed to have his car weighed.
SRL is finalizing estimates of the cost and timing to restore the mine to operational status.
A new international marketing company has been formed to represent the titanium mineral products of both SRL and CRL.
Keenan is an outgrowth of, and seeks to affix liability for, the acts and conduct underlying a judgment in favor of SRL in the amount of $56,693,896 filed in the United States District Court for the Southern District of New York on August 25, 1992, confirming a RICO arbitration award against Bomar in which claims of improper transactions involving dilution and conversion of rutile were determined.
The intent of the agreements is for SRL to make an investment in DDI and to establish a mutually beneficial relationship between the two companies to cooperate and work together in the area of diagnostic tests for HIV, hepatitis and sexually transmitted diseases utilizing whole blood and/or saliva.
The arbitration decision adjudged Old Bomar liable to SRL for breach of the exclusive agency agreement terminated by SRL in 1988 and awarded damages in the determined amount of approximately $3,700,000 and directed an accounting to SRL for various transactions found to have been improper which the company believes will result in an additional amount of approximately $9 million.
Blom ASA has signed an agreement to divest its Romanian subsidiary Blom Romania SRL to the Danish engineering company RambE[sup.
Contractor name : SC TCI CONTRACTOR GENERAL SA LIDER AL ASOCIERII DINTRE SC TCI CONTRACTOR GENERAL SA, SC IASICON SA, SC DRUM CONSTRUCT SRL, SC IANUS SRL SI SC ELENMARC IMPEX SRL