Gitti and Partners (Italy): Shareholders Meetings: Extended Deadlines and Facilitating Measures Due to The Covid-19 Outbreak

A new law decree approved on March 16, 2020 by the Italian Government to address the emergency due to the covid-19 outbreak sets forth – inter alia – significant facilitating measures for holding corporate shareholders meetings. In particular, the decree extends, automatically and for all interested companies, the deadline to convene the annual general meeting within 180 days after the end of the fiscal year. Such extension shall apply even in the absence of specific provisions in the articles of incorporation or particular reasons justifying the extension. MORE.

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