Gabriela de Ávila Machado
Lawyer at Marcos Martins Advogados
On July 29 , Law No. 14,030/2020 was published, reflecting the conversion of Provisional Measure No. 931 of 2020.
The Law, which provides for company assemblies and meetings during the 2020 financial year and makes other provisions, extended the deadline for holding meetings to approve companies’ accounts so that they are held within 7 (seven) months of the end of their financial year.
Consequently, the terms of office of directors were also extended to that date.
The law also includes the possibility of remote voting and the possibility of meetings being held digitally, of course, while respecting the legally established rights of participation and expression of shareholders and other regulatory requirements.
