44) What happens if losses of a JSC reach 50% of its capital at any time during the financial year? 1. The company's officers or auditors must inform the Chairman 2. The Chairman must immediately inform the board 3. The board must call an EGM within 10 days 4. The EGM must take place within 30 days 5. The EGM should pass a resolution to: (a) increase or decrease the capital to bring the losses below the 50% threshold or (b) dissolve the company. 1. The company's officers or auditors must inform the Chairman 2. The Chairman must immediately inform the board 3. The board must call an EGM within 15 days 4. The EGM must take place within 45 days 5. The EGM should pass a resolution to: (a) increase or decrease the capital to bring the losses below the 50% threshold or (b) dissolve the company. 1. The company's officers or auditors must inform the Chairman 2. The Chairman must immediately inform the board 3. The board must call an EGM within 15 days 4. The EGM must take place within 45 days 5. The EGM should pass a resolution to: (a) increase or decrease the capital to bring the losses below the 50% threshold 1. The company's officers or auditors must inform the Chairman 2. The Chairman must immediately inform the board 3. The board must call an EGM within 15 days 4. The EGM must take place within 45 days 5. The EGM should pass a resolution to: (a) increase or decrease the capital to dissolve the company