Cyprus:
Ιn Crossfire; Corporate Directors' Action Options In The Event Of Deadlock At The General Meeting
22 February 2023
Elias Neocleous & Co LLC
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The above article, written by Vassilis Psyrras (senior
associate) and Ioannis Sidiropoulos (associate), has been published
on the website of the Phileleftheros newspaper. The article deals
with the corporate directors' options in the event of deadlock
at the corporate General Meeting. In particular, the authors
present the possible course of action when shareholders cannot
reach a decision on the approval of the Financial Statements and
the reappointment of auditors. They also include an analysis of the
law's provisions and case law for potential court involvement
in a de facto deadlock in the General Meeting.
You can see the article (in Greek) here.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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