Efecte benefice şi efecte inechitabile ale modifi cărilor Legii nr. 297/2004 privind piaţa de capital
The benefic effects and the inequitable effects of the modifications to the Law no. 297/2004 regarding the capital market

Summary/Abstract: The article proposes an analysis of the modifications of the capital market legislation brought by the Government Emergency Ordinance no 90/2014 and by the Law no. 10/2015 for adopting O.U.G no 32/2012, regarding undertakings for collective investment in transferable securities and management investment companies, and also for modification and completion of Law no. 297/2004 and other normative acts. The analysis focuses on the effects of these changes especially because some of these modifications might bring controversy and litigations. One of these modifications is the one regarding the reprezentation in the General Assembly of the Shareholders of the traded companies listed on a regulated market with just a general power of attorney. Another important modification is the one regarding the necessary minimum quorum needed to eliminate the preferential right at the share capital increasement.

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