Rules On Inquiry Proceedings To Be Amended

At the beginning of September, the Minister of Justice and Security submitted a bill to the lower house of the Dutch Parliament that will amend the rules on inquiry proceedings. This newsletter describes the most important proposed changes under the bill.

The main changes in a nutshell:

• the criteria for initiating inquiry proceedings will be made stricter: shareholders of companies with an issued capital of more than EUR 22.5 million will be required to have a larger shareholding than is currently the case in order to qualify (this applies to both public limited liability companies – NVs – and private limited liability companies – BVs);
• companies and other legal entities will be allowed to request an inquiry into their own affairs;