Archive for December, 2014

SUMMONING A SHAREHOLDERS MEETING IN A COSTA RICAN COMPANY WHEN ITS BY-LAWS OMIT INDICATING WHO IS THE DESIGNATED BOARD MEMBER TO DO IT

Friday, December 5th, 2014

Shareholders meetings of Costa Rican corporations must meet several legal formalities to avoid possible annulment claims against the agreements that may have been approved in such.  The Costa Rican Commercial Code establishes such requirements, which include the formal procedure for the summoning of a shareholders meeting. When holding a shareholders meeting on a Costa Rican […]

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