General Meetings via teleconference

According to the latest measures announced by the Greek Government aiming at the mitigation of the spread of Covid-19, the legal entities are temporarily given the option to conduct their General Meetings via electronic means, such as telephone conferencing, videoconferencing or web conferencing. In detail, by virtue of article 33 of the Legislative Act dated 20.03.2020, all or some shareholders or partners –depending on the form of the entity- of a legal entity are entitled to participate in the General Meeting via teleconference, even if it is not stipulated in the entity’s articles of association. The invitation of this General Meeting should outline all the necessary information and the technical steps in order for the shareholders/partners to participate seamlessly in the teleconference. This practical facilitation for the legal entities will be in force until 30.06.2020.