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Selvi Attorney Partnership | Turkey | 18 Sep 2023

Joint-stock company general assembly resolutions: shareholder's right to file lawsuit for annulment

The general assembly is a decision-making body where shareholders or their authorised representatives articulate their intentions and exercise various shareholder rights. According to article 423 of the Turkish Commercial Code No. 6100, general assembly resolutions are binding even for shareholders who were not present or who voted against the resolution. This article sets out the conditions......
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JPM & Partners | Serbia | 21 Nov 2022

Startup Alternative Investment Funds - Law Regulation

In the last 15 years, the Serbian IT sector reached significant growth. From sole traders/entrepreneurs, agencies, to smaller companies that provide…
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Zhong Lun Law Firm | Hong Kong | 27 Oct 2022

股份有限公司股东名册封闭期规定的问题及修订建议

《公司法》第139条第2款规定,除法律对上市公司股东名册登记另有规定外,股份有限公司股东大会召开前二十日内,不得进行股东名册的变更登记(以下简称“股东名册封闭期”或“封闭期”)[1]。然而前述规定与我国公司实务早已脱节,在事实上已被架空:一方面,在监管机构的认可下,境内公众公司仅设置股权登记日而不…
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Dentons | European Union, Italy | 21 Feb 2022

The obligation of directors to declare the absence of causes of ineligibility (in Italian)

A decorrere dal 14 dicembre 2021, sono entrate in vigore le nuove Disposizioni del Codice Civile che hanno introdotto l’obbligo per i candidati alla…
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Schoenherr | Turkey | 25 May 2021

Non-payment of capital contribution in joint-stock companies: the forfeiture procedure under Turkish law

Capital commitment is one of the indispensable conditions for becoming a shareholder in a Turkish joint-stock company ("JSC"). Under Turkish law, the…
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SEAMLESS Legal | Russia | 2 Jul 2020

Банк России упрощает процедуру эмиссии ценных бумаг и порядок раскрытия информации

11 мая 2020 года вступило в силу новое Положение Банка России «О стандартах эмиссии ценных бумаг» («Положение о стандартах эмиссии»). Регулятор…
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SEAMLESS Legal | Russia | 2 Jul 2020

Bank of Russia simplifies procedures for issuing securities and disclosing information

On 11 May 2020, a new Bank of Russia Regulation* “On Standards for the Issuance of Securities” (the “Regulation on Issuance Standards”) came into…
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HERDEM Attorneys at Law | Turkey | 29 Mar 2020

Postponement of General Assembly Meetings in Joint Stock Companies in the Wake of COVID-19 Pandemic

Among other measures taken by various authorities in order to contend with Covid-19 pandemic throughout Turkey, the Ministry of Commerce of the…
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Vasil Kisil & Partners | Ukraine | 2 Mar 2020

FAQs re setting up a new company in Ukraine

The most common legal form for business activities in Ukraine is limited liability company (LLC). There are more than 650,000 LLCs registered in…
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Al Tamimi & Company | Oman | 1 Sep 2019

Oman’s New Commercial Companies Law

Oman’s new commercial companies law (‘CCL’) is now in force and repeals in full the previous law that was passed in 1974. Al Tamimi & Company’s…
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