1. The SCA may instruct the chairman of the board of directors of the company or his representative to call a General Assembly Meeting in any of the following cases: a. Upon the expiry of thirty days of the date described in Article [173] of this Decree Law without the General Assembly being called to convene. b. If the number of directors goes below the minimum limit required for the board meeting to be valid. c. If the SCA is convinced, at any point of time, of the occurrence of any violations of the Law or of the company's AOA, or that there is any defects in the company's management. d. If the board of directors of the company fails to respond to the request of the shareholder [s] in accordance with the provision of Article [176] of this Decree Law. 2. If the chairman of the board of directors of the company, or the person acting in lieu of him, fails to call the General Assembly Meeting in any of the above cases within five [5] days of the date of the SCA's request, the SCA shall call the meeting at the expense of the company.
Interpretation and application must be checked against the official text and current version.
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