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Title_of_text

Law No. 60(I) of 2010 amending the Law on Companies

Main Region

First Region

Cyprus
Conditions of work
2010-07-02
National
Law, Act

Second Region

Ο περί Εταιρειών (Τροποποιητικός) (Αρ. 2) Νόμος του 2010
It amends the following articles of the basic law 1968-2010 (No. 9 of 1968 to No. 42(I) of 2010):
- article 2 related to definitions of the terms "company introduced in the organized market", "electronic means", "date of registration", "member state", "directive 2004/25/EC", and "organized market".
- article 126 related to equal treatment of all members of the company concerning their right to vote and participation in the general assembly.
- article 127 related to the proceedings of the company's general assembly.
- article 127 through introduction new articles 127A and 127B related to the proceedings of the general assembly, the rights of the members during the general assembly, the assembly's decision process, as well as issues of confidentiality.
- article 128 through introduction of new articles 128A, 128B and 128C related to conditions of members participation in the elections of the general assembly, participation via electronic means, and the right to submit questions.
- article 130 related to member's representative, the recruitment process, the rights of members to propose more than one representatives.
- article 132 related to obstacles' revocation for the purpose of effectively exercising the right to vote.
- article 133 related to the capacity of the member representative to represent the member in other meetings other than the general assembly.
- article 139 through introduction of a new article 139A concerning the election process in the general assembly.

Entry dates region

    Date of entry into force
    2010-07-02
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Amended Text region

Serial region