The High Court of Cassation and Justice has decided that the dispositions of article 117, second alignment from Law no. 31/1990, which states that the convening term at the General Meeting of Shareholders can not be shorter than 30 days, counted from the day of the publication in the Official Gazette of Romania, has a mandatory character, and, as it follows, though the articles of incorporation the shareholders can not agree upon a shorter term than 30 days, since it would elude The Law no. 31/1991.

:: The source: JURIDICE.ro

Delia Halici