The new modalities of general meetings of SA and SARL

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Similar to what already exists in SAs, Ordinance 2017-747 of May 4, 2017 introduced a new right for partners of SARLs (limited liability companies) representing individually or in groups at least 5% of the shares. They will now be able to propose resolutions to the agenda of all general meetings.

As in the case of a public limited company, these resolutions must be sent to the company, by letter with acknowledgement of receipt or by e-mail with acknowledgement of receipt, at least 25 days before the date of the general meeting.

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