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05.04.2022

The NSSMC (National Commission on Securities and Stock Market) amended the decision on the functioning of the governing bodies of joint stock companies during martial law.

In particular, it was clarified that the general meeting of shareholders of a joint-stock company during the war can be held only remotely. Their organization must comply with the rules of the Interim Procedure for convening and remote holding of the general meeting of shareholders and the general meeting of participants of the corporate investment fund.

The Resolution shall take effect on the day of its publication on the NSSMC’s official website. You can read the text at the link.

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