Article published 11 March 2022

Temporary law to make it easier to hold general meetings

On 3 April 2020, the Swedish Parliament passed a new temporary law to make it easier to hold general meetings in companies and associations when there is a high spread of COVID-19. The new law was in force until 31 December 2021. The Swedish Parliament has now decided to impose the law again. It will enter into force on 1 March 2022 and will remain in force for the rest of 2022.

One consequence of the spread of infection is that it becomes more difficult for shareholders and association members to participate in the general meetings. The temporary law makes it easier for companies and associations to conduct general meetings in such a way that the risk of spreading COVID-19 is minimised.

The collection of powers of attorney, postal voting and participation by proxy at general meetings in companies and associations are possible to a greater extent. The number of participants who attend the meeting in person can be kept down, while the shareholders and members have as much influence as possible.

How are registration cases affected with us?

The meeting must have been held no later than 31 December 2021 and no earlier than 1 March 2022 in order for us to accept the resolutions of the general meeting passed pursuant to the relief provided by the temporary law. In the time in between, it was not possible to pass resolutions in accordance with the relief provided by the temporary law.