COVID-19: Companies’ corporate bodies adjust to a new exceptional regime
España -
Spain Corporate Commentary
The various pieces of legislation published during the state of emergency, together with statements by registrars and by the CNMV, have created a new exceptional regime governing the corporate bodies of commercial companies, which makes it necessary to structure this new legislation, by summarizing the measures and their implications depending on the body concerned and making a distinction between listed and unlisted companies.
In this chart we analyze everything that companies should be aware of in relation to calling and holding shareholders’ meetings, preparing and approving financial statements, adopting resolutions, submitting the proposed allocation of profit/loss or legalizing their books.
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