COVID-19
Impact of COVID-19 on Holding the General Shareholders Meetings in Romania – New Temporary Measures for Non-listed Companies Only
The long-awaited government enactment on the holding of the general meeting of shareholders in the context of the COVID-19 outbreak was finally passed in the form of the Government Emergency Ordinance No. 62/2020 that entered into force on 8 May 2020.
Impact of COVID-19 on Holding General Shareholders Meetings
Due to the ongoing outbreak of coronavirus, companies should reconsider their arrangements for the general meetimgs of shareholders as they must comply with public health measures, including the ban on large gatherings, travel restrictions, unavailability of venues as well as with potential practical disruptions, such as communication disorders.
