[Photo] Opposition-led 'Fiduciary Duty of Shareholders' Commercial Act Amendment Passed in National Assembly Plenary Session
by Kim Hyunmin
Published 13 Mar.2025 14:49(KST)
Updated 13 Mar.2025 15:07(KST)
![[Photo] Opposition-led 'Fiduciary Duty of Shareholders' Commercial Act Amendment Passed in National Assembly Plenary Session](http://www.asiae.co.kr/news/img_view.htm?img=2025031314475966940_1741844878.jpg)
On the 13th, the partial amendment to the Commercial Act was passed 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 general meetings of shareholders for listed companies.
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