Holding your General Assembly: New COVID-19 rules for companies and non-profits
Here's how you can hold your General Assembly
Over the last weekend, the Belgian Minister of Justice Koen Geens, adopted a special decree to enable companies and associations registered in Belgium to meet their legal obligations with respect to their governance meetings which are generally legally required before 30 June each year.
There are three options on the table:
1. Hold the General Assembly on the date provided for by the statutes “in compliance with the quarantine measures”. In other words, your GA can take place electronically as long as members can exercise their right to vote and ask questions.
2. Postpone the meeting for up to 10 weeks after June 30 (deadline for holding GAs in general).
3. Allow your General Assembly to decide on the agenda points unanimously by written procedure.