What does the principle of immediacy mean in a general meeting?

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Antwort

The principle of immediacy means that shareholders interact directly with each other during the general meeting to form the company’s collective will. Traditionally, this principle required the physical presence of shareholders or their representatives at a single venue to ensure direct exchange and informed decision-making. Since the 2023 revision of Swiss corporate law, this strict interpretation has been relaxed: virtual, hybrid, or written general meetings are now permitted, provided the company’s articles of association allow them and real-time interaction between participants is guaranteed.

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FAQ

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Is the Communication Generator free to use?

Yes. The Communication Generator is free to use.

Does every shareholder or member qualify as a beneficial owner?

No. The fact that a company requests information from a shareholder or member does not automatically mean that this person is a beneficial owner. Indirect structures, acting in concert and other means of control may also be relevant.

Does the Communication Generator identify the beneficial owners?

No. The generator supports communication and information gathering. The actual assessment of who qualifies as a beneficial owner and who must be reported to the transparency register takes place afterwards. Konsento’s Transparency Register Reporting Assistant can be used for this assessment.