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Armenia amends law on joint stock companies

26.05.2021 13:14

Armenia amends law on joint stock companies

YEREVAN, May 26. /ARKA/. By a vote of 76 to 3 abstentions the Armenian parliament has passed today in the second and final reading a string of government-proposed amendments to the law on joint stock companies and a number of related laws.

Deputy Minister of Justice Vahe Danielyan said that a number of provisions of the current law are inconsistent with business developments. The amendments were designed to replace them in accordance with international experience.

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New banks in Armenia may be obliged to operate only as open joint stock companies

25.09.2014 20:03

At its today’s session, the Armenian government has found a proposal by MP Hrant Bagratyan to transform all the banks operating in Armenia into open joint stock companies for ensuring transparency to their activities not reasonable, deputy finance minister Safaryan said

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Tags: Armenia, bank @en, stock companies

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