[Photo] 'Expansion of Shareholders' Fiduciary Duty' Commercial Act Amendment Passed in National Assembly Plenary Session

On the 13th, the partial amendment to the Commercial Act was submitted at the plenary session of the National Assembly. The amendment expands the duty of directors from the existing 'company' to 'company and shareholders' and includes provisions mandating the introduction of electronic shareholder meetings for listed companies. March 13, 2025, Reporter Kim Hyun-min

This content was produced with the assistance of AI translation services.