Ontario updates emergency order for shareholder and director meetings

On April 24, 2020, the Government of Ontario made an order (Amended Order) amending the previous order it issued on March 30, 2020 (Previous Order), which provided temporary relief from certain Business Corporations Act (Ontario) (OBCA) and other requirements during the COVID-19 pandemic (Emergency or COVID-19). The Amended Order increases the effectiveness of the relief granted under the Previous Order. Similar to the Previous Order, the Amended Order is retroactive to March 17, 2020.

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