Quevedo & Ponce - Noticias Legales

Calling general meetings by email: A method in effect since 2022

Since 2022, the Regulations for General Meetings of Partners and Shareholders of Companies allow General Meetings to be called by email, a method that streamlines the call process and encourages greater shareholder participation. This change has replaced the traditional method of publication in the press, reducing costs and facilitating communication in a more agile manner.

Previously, the meeting took place in one of the highest circulated newspapers, which represented an additional expense and a slower process. With the new regulations, electronic call, which must be made at least five days in advance, is the main option. Companies can also incorporate other call methods depending on the provisions of their bylaws.

If a company’s bylaws establish the meeting by press, the law allows this provision to remain in place. However, if the company wishes to adopt email as the main means, it is necessary to amend its bylaws. This reform not only allows you to adapt to the new digital reality, but also significantly reduces the costs associated with publishing in print media.

Reforming the bylaws to include email as a method of convening meetings offers multiple benefits, such as resource optimization and greater accessibility for shareholders, which can increase their participation in making decision of the company.

If your company wishes to adapt its procedures for convening general meetings or amend its bylaws, at Quevedo & Ponce we have a team of attorneys specialized in corporate law to provide the necessary support and ensure compliance with current regulations.

Do not hesitate to contact us!

Más Artículos

Can property lent under a commodatum agreement be acquired by prescription?

Can property lent under a commodatum agreement be acquired by prescription?

A commodatum is a contract through which a person lends property free of charge for another person to use, with the obligation to return it. Under the Ecuadorian legal system, the borrower does not acquire possession but only mere holding of the property, which means it cannot be acquired through acquisitive prescription unless a proven interversion of title occurs.

¿Puede prescribir un bien entregado en comodato?

¿Puede prescribir un bien entregado en comodato?

El comodato es un contrato mediante el cual una persona entrega gratuitamente un bien para su uso, con la obligación de devolverlo. En nuestro sistema legal ecuatoriano, el comodatario no adquiere posesión sino mera tenencia, por lo que no puede adquirir el bien por prescripción adquisitiva, salvo que exista una intervención del título debidamente probada.

Processing of Proposed Laws Classified as Urgent Economic Matters

Processing of Proposed Laws Classified as Urgent Economic Matters

Proposing urgent economic bills is one of the powers of the Executive Function; however, these must be submitted to the National Assembly for approval, modification, or rejection. In accordance with the Constitution and the Organic Law of the Legislative Function, a failure to issue a ruling results in the immediate enactment of the project by operation of law.

Tratamiento de proyectos de ley calificados como urgentes en materia económica

Tratamiento de proyectos de ley calificados como urgentes en materia económica

Proponer proyectos de ley urgentes en materia económica es una de las facultades de la Función Ejecutiva, sin embargo, esto se debe remitir a la Asamblea Nacional para que se apruebe, modifique o niegue el proyecto. Conforme a la Constitución y la Ley Orgánica de la Función Legislativa, la falta de pronunciamiento da lugar a la vigencia inmediata del proyecto por ministerio de la ley.

Fast Fashion in Ecuador: Legal Protection, Boundaries, and Emerging Challenges in the Creative Industry

Fast Fashion in Ecuador: Legal Protection, Boundaries, and Emerging Challenges in the Creative Industry

The impact of fast fashion on the Ecuadorian intellectual property system, explaining which elements of fashion can be legally protected, which are not eligible for protection, and what the main challenges are for designers and brands when facing potential infringement.

1 2 3 39