How is the General Meeting minutes approved?
The minutes of the General Meeting may be approved by the AGM itself following completion or, failing that, within a timeframe of fifteen days, by the Chairman of the General Meeting and two shareholders, one representing the majority and the other the minority. The minutes approved in either of these cases, shall be conceded enforceability as of the date of approval. In the event that the General Meeting is held in the presence of a Notary, the notarial deed shall be considered as the minutes to the meeting, and as such, approval thereof is not required. Under normal circumstances and in adherence to article 114 of the Joint Stock Companies Act, the Board of Directors requires the presence of a Notary in the Annual General Meeting in order to write the minutes of the General Meeting. The Board of Directors shall also be required to do so if requested by shareholders representing at least 1% of the share capital. NB: The answers provided are merely for informative purposes and do not a
