The Verkhovna Rada of Ukraine adopted the Law "On amendments to article 14 of the Law of Ukraine "On Joint-Stock Companies" (re quorum of general assembly of joint-stock companies with majority state corporate rights)"

Information Department of the Verkhovna Rada of Ukraine Secretariat
13 January 2015, 14:19

The Law establishes that general assembly of a joint-stock company, the statutory capital of which has corporate state rights and where the state owns 50% and more ordinary shares of a company, have a quorum on condition of shareholders' registration for participation in the assembly.

The document was adopted with consideration of proposals made during the discussion.

Respective bill was registered under No. 1310.