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In response to social distance safety regulations, a proposal has been put forward for companies to hold meetings in a safe and compliant manner. The proposed measures are to last for the interim period expiring on 31 December 2020 with a provision for a potential extension of the interim period to no later than 20 June 2021. The law will also allow for general meetings - including annual and extraordinary meetings - to be held electronically "provided all those entitled to attend have a reasonable opportunity to participate".
Importantly for many firms, it will also permit those meetings to be held electronically even if a company's constitution does not allow them. Three proposed changes which will impact on general meetings are as follows. While we are all very focused on responding responsibly to the requirements of operating during Covid-19, it is easy to forget the rest of the world around us. Brexit is still moving forward and requires you to have a plan in place for when that occurs. Here we list some key steps that your business needs to take now for a successful transition.
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