The reform of the Capital Companies Act published on December 4 of 2014 establishes that in Companies where there are boardsThey must meet at least quarterly. Emphasize the mandatory nature of the rule and the need for the minutes of the meetings are reflected in the Minutes Book of the Company, which recall should be legalized electronically in the Commercial Register, before they elapse four months following the end of the year, according to the reform introduced by Law 2013 Entrepreneurs.

On the one hand, it pursued greater involvement and knowledge of the Directors in managing the company, but this leads to the obligations of a formal nature increase and should be taken into account by managers.

Marcos Jimenez, dig advocats

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Marcos Jimenez de Parga

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