A bill that was recently approved by the Cabinet and is now awaiting the Council of State's advice, proposes a number of changes to corporate inquiry proceedings (enquête) before the Enterprise Chamber in Amsterdam.
The proposed changes are:
- Where the company that forms the subject of the proposed inquiry has an issued share capital of EUR 22.5 million or more, the shareholder filing the request must hold at least 1% of the issued share capital or have an interest in the company that represents a market value of at least EUR 20 million
- The company will have the right to request an inquiry into the policy of the shareholders' meeting or the conduct of individual shareholders
- Procedural improvements will be made regarding the immediate measures that the Enterprise Chamber can order and the investigation phase