In context

Virtual general meeting option further extended to 1 December 2020

September 30, 2020
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In context

The Dutch government’s emergency bill on coronavirus-related matters includes temporary facilities to mitigate the impact of the coronavirus outbreak on various aspects of Dutch society. For Dutch companies, the bill contains measures aimed at helping organise and time general meetings amidst the coronavirus pandemic, including the option of holding virtual meetings.

 

On 30 September 2020, a royal decree was published moving the end date of the Covid-19 emergency legislation back to 1 December 2020.

 

In the decree’s explanatory notes, the minister proposes a new procedure when extending or revoking the temporary rules to prevent uncertainty for planning and organising upcoming EGMs of companies. The intention is to extend the temporary rules by another two months unless they are revoked by a public announcement made at least two months prior to their expiry date.

 

Click here for further information on the emergency bill.

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