THE LUXEMBOURG PARLIAMENT HAS ADOPTED TODAY A BILL OF LAW CONTAINING MEASURES GOVERNING HOW COMPANIES AND OTHER LEGAL ENTITIES ARE PERMITTED TO HOLD MEETINGS.
This bill will enable companies and other legal entities (such as ASBLs) to hold general meetings and other meetings of the company's corporate bodies without the need for physical attendance, even where this is not provided for in the company's articles of association. This option will now be available until 31 December 2020. These measures were initially provided for by the Grand Ducal Regulation of 20 March 2020, and were extended by the law of 20 June 2020.
The bill enters into force on 1 October 2020, and repeals the law of 20 June 2020.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.