Due to the impacts brought by the Coronavirus, on March 30, the Federal Government published Provisional Measure No. 931 that alters certain provisions of Law No. 10,406 / 2002 (Civil Code), with regard to limited liability companies, of Law No. 5,764 / 1071, applicable to cooperative societies, and Law No. 6,404 / 1976 (Brazilian Corporate Law).
The main changes brought by the MP 931 are:
The above rules, added to other edited ones, aim to relax the legal rigor, mainly for the big companies, reducing the impact brought by the pandemic.
L.O. Baptista Corporate team is available to clarify this and other matters.