13 May Extension of measures related to co-ownership, companies and associations (Covid-19)
Due to the persistence of the pandemic, the government has extended the various temporary measures taken in terms of co-ownership, companies and association law.
With regard to co-ownership, a new decree postpones the starting point of the five-month period for the holding of general meetings to 1 July 2020 (instead of 4 May – cf. our newsletter of April 14, 2020).
This means that all general meetings that were scheduled to take place before June 30 and cannot be held due to government-imposed security rules must be postponed and must be legally rescheduled in the period between July 1 and November 30, 2020.
With regard to companies and associations, a regime had been introduced to make the organisation of general meetings and boards of directors more flexible on a temporary basis. We mentioned it in our newsletter of April 20, 2020. This regime is now applicable to all meetings of general meetings and boards of directors of companies and associations that must or should have been held between March 1, 2020 and June 30, 2020 included or are to be convened during this period.
For more information on that subject, feel free to contact Didier CHAVAL esq. (firstname.lastname@example.org).
The Cairn Legal team