Revolution in general meetings: Virtual meetings are conquering the AGs!

Revolution in general meetings: Virtual meetings are conquering the AGs!

The latest developments in the area of ​​general meetings show that the legal and practical framework has changed significantly in recent years. From now on, companies can access the 3rd edition of the renowned standard work on the general meeting from MANZ Verlag, which provides comprehensive information about the new options. This new edition particularly took into account the legal basis for virtual general meetings, which were created by the law on virtual company meetings (VirtGesG). Loud OTS Written in accordance with updated requirements, the work offers legal users valuable, practice-oriented solutions for organizing and conducting general meetings, which are increasingly taking place in virtual formats these days.

Virtual meetings on the rise

The option to hold virtual shareholder meetings, introduced a few months ago, represents a revolution, especially for listed companies. MPLaw explains that shareholders have since then been able to exercise their voting rights via electronic means of communication, which enables easier participation in voting. However, this innovation requires companies to provide appropriate technical solutions to record votes electronically and ensure that all participants are treated equally.

Private individuals and institutions who want to take part in virtual general meetings must adapt to different formats. It is recommended to use special tools for voting, such as dedicated voting software or email forms. In particular, the use of email for voting was demonstrated in the first purely virtual general meeting of a listed company and required the creation of a clearly structured voting form. Companies are therefore faced with the task of continuously adapting and developing their systems and processes to the new legal requirements.