01/20/2021

Update: Virtual general meetings 2021

Legislator amends COVID-19 law to strengthen shareholder rights - immediate questions and rights of appeal remain limited

In spring 2020, the legislator significantly simplified the implementation of virtual general meetings (VHV) with the provisions in Art. 2 of the Act to Mitigate the Consequences of the Covid 19 Pandemic in Civil, Insolvency and Criminal Procedure Law (Covid 19 Act). The facilitations, which were originally limited until the end of 2020, have been extended until December 31, 2021 – due to the ongoing pandemic. We already reported on this here.