Extending the Notification Period required for Calling General Assembly

On 14th May 2017, The Minister of Investment issued Decree no. 94 of 2017 amending the third paragraph of Article 203 of the executive regulation of the Companies Law.

The decree extends the notification or publication period required for calling the ordinary or extraordinary general assembly for a first meeting to be 21 days instead of 15 days, which gives more time to the shareholders to review carefully the invitation and prepare themselves to attend the meeting.

Posted in News on May 28, 2017