Coronavirus (COVID-19)—key issues for Corporate lawyers

The following Corporate practice note provides comprehensive and up to date legal information covering:

  • Coronavirus (COVID-19)—key issues for Corporate lawyers
  • General meetings and AGMs
  • Latest guidance for company meetings in 2021
  • Law and guidance issued during 2020
  • Reviewing the impact of the coronavirus restrictions on AGMs
  • Board meetings
  • Annual report and accounts
  • Publishing and filing company accounts and other records
  • Financial reporting by quoted companies
  • Gender pay gap reporting
  • More...

Coronavirus (COVID-19)—key issues for Corporate lawyers

This Practice Note considers the key issues that may arise for Corporate practitioners in relation to the coronavirus (COVID-19) pandemic.

General meetings and AGMs

The coronavirus outbreak raises immediate legal and practical issues for companies who are seeking to hold their annual general meeting (AGM) or other general meetings.

For further details, see Practice Note: Coronavirus (COVID-19)—holding general meetings and AGMs.

Latest guidance for company meetings in 2021

Chartered Governance Institute guidance for company meetings in 2021

On 24 February 2021 the Chartered Governance Institute (CGI) issued updated guidance (2021 Guidance) in anticipation that general meetings would be required to be held on a closed basis until at least 17 May 2021 and possibly until at least 21 June as a result of the government’s ‘stay at home measures’. The 2021 Guidance is produced by a working group comprising the City of London Law Society Company Law Committee and Martin Moore QC, with the support of the Department for Business, Energy and Industrial Strategy (BEIS) and the Financial Reporting Council (FRC). It is also supported by the Investment Association (IA), the Investor Forum and the Quoted Companies Alliance (QCA).

The CGI, among others, has sought to persuade the government to introduce legislation to enable companies to hold general meetings flexibly, whether during the pandemic or otherwise. An extension of the Corporate Insolvency and Governance Act 2020

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