Amendment No. 25 To The Israeli Companies Law
A new legislative revision of the Israeli Companies Law which entered into force on February 6 2015, deals among other things with the procedure at the meetings of the Audit Committee of a Public Company. On August 6, 2014 Amendment No. 25 to the Companies Law 5759- 1999 (the “Amendment” and the “Law”, respectively) was published in the Official Gazette.
The Amendment adds new restrictions on the attendance of employees and officers at meetings of […]