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The amendments to the Commerce Act introduce new measures against theft of companies

Issue No 105 of the State Gazette (the “SG”) as of December 30th, 2016 promulgates the Law on Amending and Supplementing the Commerce Act (hereinafter the “CA”). Some of the newly introduced changes affect the requirements for the form of transfer contracts[1] [1]for going concerns or limited liability companies’ shares, as well as the form of the protocols by means of which certain resolutions of the General Assembly of the company are made. The amendments subject to the present article entered into force on January 3rd, 2017.

You may read the whole article HERE. [2]