Convocation Of General Meetings and Plenary Meetings Under German Law
The convocation of a general meeting (GM) prevents shareholders from being at a disadvantage when exercising their rights. Shareholders are informed in advance of the topics to be discussed at a general meeting, so they know when the meeting will take place and whether they will attend. In most case...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | deu |
| Published: |
Istanbul University Press
2024-05-01
|
| Series: | Annales de la Faculté de Droit d’Istanbul |
| Subjects: | |
| Online Access: | https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/730652D546C4441F9B218C233F8F9B09 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | The convocation of a general meeting (GM) prevents shareholders from being at a disadvantage when exercising their rights. Shareholders are informed in advance of the topics to be discussed at a general meeting, so they know when the meeting will take place and whether they will attend. In most cases, shareholders are not necessarily required to attend a GM because they may not have an interest in the topics that will be discussed there. Nevertheless, a GM must be convoked and an agenda announced in order to be able to make this decision. Some cases do not require applying these procedural rules for convening a GM. In particular, these aforementioned requirements can be waived if all shareholders are present together; in this case, a plenary meeting is held. This can occur when all shareholders are present and none of the shareholders object to the procedures for a plenary meeting. The shareholders that are present can pass resolutions at a plenary meeting as long as all shareholders remain present. |
|---|---|
| ISSN: | 0578-9745 2687-4113 |