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COVID-19 AND FORCE MAJEURE_NEWSLETTER_UP
The new law 4548/2018 seeks to reform the outdated legal framework of law 2190/1920, set nearly a century ago. The new legal regime for the Société Anonyme introduces a series of changes and innovations aiming to combat excessive bureaucracy and create a simpler and more business-friendly legal environment.
To this end, the new law provides for the use of technology that facilitates the meetings and decision making of both the general assembly and the board.
In addition, significant changes are made regarding the creation and dissolution of the company, the structure and operation of the Board Of Directors, decision-making by the General Assembly and the rights of the minority of shareholders.