COVID-19 virus measures: emergency act for adoption of resolutions by legal entities
08 April 2020
The COVID-19 virus, and the measures adopted by the Dutch government as a consequence, not only have a profound impact on public life, but also have an impact on the process of adopting resolutions by legal entities. Due to the requirement, either by law or based on the Articles of Association, that a physical meeting is held, many legal entities find themselves in a situation where it has become impossible to hold meetings, due to the ban on public gatherings. This situation affects all legal entities with numerous shareholders or members, and ranges from public companies listed on a stock exchange to associations. As a result, many legal entities are unable to validly adopt resolutions.
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