Amendments to Joint Stock Companies Law
As we have informed you in Legal Flash No 11 of June 30, 2015, the Joint Stock Companies Law (“Law”) has been amended effective as of 19 June 2015.
This brief note provides for more details about the scope of such amendments. The changes in the Law were designed to improve the regulatory framework governing the activities of joint stock companies. The Amendment Act provides for both conceptually new regulations and modification of the old rules.
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