1. The Directors or managers of every merged and merging Company shall present the draft merger agreement to the General Assembly or equivalent body for approval by the majority necessary to amend the MOA of the Company. 2. The General Assembly shall be convened to consider the merger subject to the following conditions: a. The notice of General Assembly Meeting shall be accompanied by a copy or summary of the merger agreement; b. The merger agreement shall clearly state that any one or more of the shareholders holding at least 20% of the Capital of the Company who opposed the merger shall have the right to object to the merger before the competent court within thirty [30] Business days after approval of the merger agreement by the General Assembly or equivalent body.
Interpretation and application must be checked against the official text and current version.