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Part 4 · Constitution of the stock corporation  ›  Division 4 · General meeting › Section 127a

Stockholders’ forum

(1) Stockholders or associations of stockholders may call on other stockholders in the stockholder forum of the Federal Gazette to act jointly or as proxies in proposing a motion or making a demand in accordance with the present Act or to exercise the voting right at a general meeting.

(2) The call is to include the following information:

1.  the name and an address of the stockholder or the association of stockholders;

2.  the company’s business name;

3.  the motion, the demand or a suggestion on how to exercise the voting right regarding a certain item of business set out in the agenda;

4.  the date of the general meeting concerned.

(3) The call may make reference to the reasons specified on the website of the party so calling on the other stockholders, and that party’s electronic address.

(4) The company may indicate, in the Federal Gazette, the statement of its position published on its website concerning the call.

(5) The Federal Ministry of Justice and Consumer Protection has the authority to stipulate, by a statutory instrument, the external design of the stockholders’ forum and further details, particularly as regards the call, the indication, the fees, time limits for erasure, claim to erasure, cases of abuse, and inspection.

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