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Company & Commercial

December 18 2017
Stella Koukounis Requisition of an extraordinary general meeting

Cyprus - Solsidus Law

Shareholders of a Cyprus company have the right to request that the directors convene an extraordinary general meeting (EGM), and the directors are legally obliged to do so within a specified time. For the EGM to be legally valid, it must be made only by those who hold at least one-tenth of the company's paid-up share capital and have the right to vote in general meetings. Further, it must be signed and deposited at the company's registered office and must be called within 21 days of the request.

Author: Stella Koukounis
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