The information contained in this document is marketing material and for informational purposes only. The information contained in this document is presented without any warranty or representation as to its accuracy or completeness and all implied representations or warranties of any kind are hereby disclaimed. Recipients of this document, whether clients or otherwise, should not act or refrain from acting on the basis of any information included in this document without seeking appropriate professional advice. The provision of the information contained in this document does not establish any express or implied duty or obligation between Citco and any recipient and neither Citco nor any of its shareholders, members, directors, principals or personnel shall be responsible or liable for results arising from the use or reliance of the information contained in this document including, without limitation, any loss (whether direct, indirect, in contract, tort or otherwise) arising from any decision made or action taken by any party in reliance upon the information contained in this document. © The Citco Group Limited, December 2024.
Argentina: remote meetings relaxation
Due to the COVID-19 pandemic, remote meetings of governing and administrative bodies of companies were allowed regardless of limitations set in company by-laws.
By virtue of According to the IGJ’s (the control body of commercial and civil entities with jurisdiction in the City of Buenos Aires) General Resolution 8/2022, remote meetings will still be possible for all legal entities until the 15th of October 2022.
After that date, remote meetings will be allowed only for companies whose by-laws envisaged such possibility for its governing and administrative bodies. The rest of the companies are therefore invited to meet physically or update their by-laws to provide with more flexibility for the meetings.
