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Czech Act No. 90/2012 Coll., on Business Corporations
( BCA ) provides that the options for making decisions
within the general meeting or outside the general meeting by letter
(per rollam) using technical means (e.g. Webex or Skype electronic
conferencing tools) must be permitted by the company s
constitutional document.
To use such technical means, the conditions for
voting/decision-making must allow the person voting at the general
meeting and the shares to which the voting right pertains to be
properly identified and authenticated.
In practical terms, the procedure is extremely burdensome for