ArmInfo. Joint-stock companies, commercial banks and insurance companies will be able to conduct a general meeting of shareholders remotely. The RA National Assembly at an extraordinary meeting on March 30 discusses amendments to the laws "On Joint Stock Companies", "On Banks and Banking Activities" and "On Insurance and Insurance Activities".
According to Deputy Minister of Economy of the Republic of Armenia Avag Avanesyan, currently there are certain restrictions related to the holding of shareholders meetings with regard to the above- mentioned types of activities. However, in the context of the fight against coronavirus and the reduction of possible risks in this regard, the government and MPs of the National Assembly considered it possible to hold meetings of shareholders and remote voting. At the same time, voting is possible with the participation of all shareholders. In this regard, the concepts of "electronic newsletter" and "electronic notification" are introduced into the package. In order to organize a general meeting of shareholders, it is allowed to conduct an electronic meeting of the Boards of Directors, which should determine the dates of the general meeting of shareholders and the procedure for their notification.
