ZRVP Secures Final Victory for Electromontaj in a Dispute over General Shareholders’ Meeting Resolutions. The Bucharest Court of Appeal Sets Important Precedents in Corporate Law

ZRVP Secures Final Victory for Electromontaj in a Dispute over General Shareholders’ Meeting Resolutions. The Bucharest Court of Appeal Sets Important Precedents in Corporate LawZRVP successfully represented Electromontaj S.A., a leader in Romania’s energy construction market, in a complex dispute initiated by a shareholder seeking to annul certain resolutions of the general meetings of shareholders. Beyond the favorable outcome for Electromontaj, the ruling helps clarify important aspects regarding the operation of companies, the rules governing the nullity of general meeting resolutions, the limits of judicial review, and the interpretation of corporate governance rules. • Failure to publish the notice of meeting on the company’s website does not automatically lead to the annulment of the resolution adopted by the General Shareholders’ Meeting. This ruling has a significant impact, confirming the applicability of the general principles of nullity to the annulment of general meeting resolutions as well.