DUSHANBE, April 23, 2009, Asia-Plus — Deputies of the Majlisi Namoyandagon (Tajikistan’s lower chamber of parliament) yesterday endorsed the bill requiring amendments to the country’s law on joint-stock companies.
Presenting the bill, the head of the State Committee for Investment and State-owned Property Management (GosKomInvest) Farrukh Hamraliyev noted that the bill was aimed at improving attractiveness of Tajikistan for foreign investors. Under the bill, shareholders of joint-stock companies now may demand carrying out audit at company irrespective of their ownership interest in company.
According to the present law on joint-stock companies, only shareholders assuming more than 10 percent ownership interest company might demand carrying out audit.
After long and lively discussion, parliamentarians approved amendments made to the law on joint-stock companies.
