The pandemic has an impact on shareholders’ and board meetings for Dutch companies. The Dutch government has implemented a temporary bill of law to facilitate corporate meetings of Dutch legal entities that are facing practical limitations due to the pandemic.
The Temporary Act was due to expire on 1 September 2020. However, by a Royal Decree of 28 September 2020, the Dutch government extended the Temporary Act’s validity until 1 December 2020. Given the current resurgence of COVID-19, it has been extended again until 1 February 2021, and it may be further prolonged.
Partner Maja Bolè has written an article for Thomson Reuters Practical Law about the temporary bill of law to facilitate corporate meetings, the impact of this Temporary Act on corporate meetings, virtual board meetings and resolutions and future outlook for virtual corporate meetings.