Covid-19
More flexible regime for organising meetings in times of COVID-19
Given that the organization of physical meetings has become a challenge as a result of the current security measures taken by the National Security Council to combat the Covid-19 pandemic, some measures have been taken by the Minister of Justice to address this issue. The Proxy Decree of April 9, 2020 (Royal Decree No 4 of April 9, 2020 containing various provisions on co-ownership and company and association law in the context of the fight against the Covid-19 pandemic) temporarily introduces a number of flexibilities and options with the intention of giving legal persons the necessary flexibility while respecting the rights of shareholders. In the Royal Decree of April 28, 2020, it was decided to extend the time limits of the measures from May 3, 2020 to June 30, 2020.