Quorum is the minimum shareholder participation or votes required for a valid general meeting. The articles of association may set a higher quorum than the statutory minimum.

How long must minutes be retained?

General meeting minutes must be kept for the entire existence of the company and for 5–10 years after its dissolution (depending on the archiving type).

Who chairs the general meeting?

Unless the articles of association state otherwise, the meeting is chaired by the shareholder with the largest share. Typically it is the statutory officer or the board chairman for a joint-stock company.

Can the general meeting decide per rollam (without a physical meeting)?

Yes — following amendments to company law, per rollam voting is permitted. The articles of association must allow it; the decision must be communicated to each shareholder.

Corporate

Board / shareholders' resolution

Board resolution — decisions documented

For general meetings, boards and shareholder votes.

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A board or general meeting resolution documents key decisions — articles amendments, audit approval, director remuneration, asset transfers. AI generates it in compliance with the Commercial Code.

Legal context

A general meeting resolution of a Slovak s.r.o. must be in writing and signed by the chairman (§ 128 Commercial Code). Some decisions require a notarial deed (articles amendment, share capital increase).

Commercial Code § 128 — s.r.o. general meeting resolution; articles amendment requires a notarial deed

Legal basis & glossary

When to use a Board / shareholders' resolution

When changing a statutory officer or procurator
For approving annual financial statements and an audit
When the board approves a major investment or transaction
When changing company strategy or a business plan

What you get

General meeting minutes
Voting and quorum
Immediate binding effect
Statutory archiving

How it works

From idea to signature

General meeting minutes

Voting and quorum

Immediate binding effect

FAQ

Frequently asked questions about Board / shareholders' resolution

Only for specific decisions — e.g. articles amendment, share capital increase, approval of a non-cash contribution. Most ordinary decisions do not require a notary.