Mexico City, October 20, 2023.<\/p>\n\n\n\n
On October 20, 2023, the decree amending the Mexican General Corporations Law was published in the Official Gazette of the Federation, aiming to incorporate the legal framework for Virtual Meetings (referred to as \u00abElectronic Means\u00bb). These amendments primarily focus on implementing electronic means in the corporate activities of Commercial Companies, with the following key objectives:<\/p>\n\n\n\n
1. Establishing virtual means as an equivalent method to physical presence in shareholders\u2019\/partners\u2019 meetings, to the extent that the mechanisms used for the virtual meetings allow:<\/p>\n\n\n\n
<\/p>\n\n\n\n
2. Allowing Shareholder\/Partners Meetings and meetings of the Board\/Management bodies to be held either entirely or partially through in-person or virtual attendance via any Electronic Means.<\/p>\n\n\n\n
3. Regulating the use of Electronic Means for the conduct of multi-location Meetings, recognizing the use of Electronic Means for recording minutes and other documents.<\/p>\n\n\n\n
Loosening the requirement for holding meetings, allowing shareholders and partners to agree, on a case-by-case basis, that meetings may take place outside the corporate domicile, safeguarding the right and possibility of each shareholder or partner to attend such meetings through electronic or in-person means.<\/p>\n\n\n\n
It is important to note that legal entities established prior to the entry into force of the Decree may incorporate these provisions regarding Electronic Means into their bylaws.<\/p>\n\n\n\n
Please be informed that the amendments to the second paragraph of Article 81 will be effective within a period of 6 months from their publication in the Official Gazette of the Federation, that is, April 20, 2024.<\/p>\n\n\n\n
Therefore, companies established prior to the amendment must adhere to this provision. This implies that they must publish notices in the electronic system established by the Ministry of Economy, in accordance with the provisions of Article 50 bis of the Commercial Code, following the requirements established in said amendments. This applies regardless of whether their bylaws provide that notices will be made through another means.<\/p>\n\n\n\n
The lawyers of the corporate area are at your disposal to resolve any doubts regarding the above.<\/p>\n\n\n\n
SINCERELY:<\/p>\n\n\n\n
Mexico City<\/strong><\/p>\n\n\n\n Juan Jos\u00e9 L\u00f3pez de Silanes <\/p>\n\n\n\n Pedro Said <\/p>\n\n\n\n Amilcar Garcia Monterrey<\/strong><\/p>\n\n\n\n Carlos Vel\u00e1zquez de Le\u00f3n Quer\u00e9taro y Le\u00f3n <\/strong><\/p>\n\n\n\n Luis Luj\u00e1n Mexico City, October 20, 2023. On October 20, 2023, the decree amending the Mexican General Corporations Law was published in the Official Gazette of the Federation, aiming to incorporate the legal framework for Virtual Meetings (referred to as \u00abElectronic Means\u00bb). These amendments primarily focus on implementing electronic means in the corporate activities of Commercial Companies, […]<\/p>","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","footnotes":""},"categories":[1320,1316,1333],"tags":[1476,206,1473],"class_list":["post-24199","post","type-post","status-publish","format-standard","hentry","category-ingles","category-corporate","category-corporate-en","tag-corporate","tag-english","tag-ingles"],"_links":{"self":[{"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/posts\/24199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/comments?post=24199"}],"version-history":[{"count":5,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/posts\/24199\/revisions"}],"predecessor-version":[{"id":24209,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/posts\/24199\/revisions\/24209"}],"wp:attachment":[{"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/media?parent=24199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/categories?post=24199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/tags?post=24199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
lopez_de_silanes@basham.com.mx<\/p>\n\n\n\n
Miguel Angel Peralta
peralta@basham.com.mx<\/p>\n\n\n\n
Amilcar Peredo
peredo@basham.com.mx<\/p>\n\n\n\n
Juan Carlos Serra
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Jesus Colunga
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psaid@basham.com.mx<\/p>\n\n\n\n
amgarcia@basham.com.mx<\/p>\n\n\n\n
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carlosv@basham.com.mx<\/p>\n\n\n\n
Rodrigo Gardner
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lujan@basham.com.mx<\/p>","protected":false},"excerpt":{"rendered":"