zahir sharif No. 1.19.78  implementing Law No. 20.19
Category: Corporate Law
Member State: Morocco
Document Language: Arabic
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zahir sharif No. 1.19.78 implementing Law No. 20.19

April 2019

zahir Sharif No. 1.19.78, issued on April 26, 2019, implements Law No. 20.19 which amends and supplements Law No. 17.95 relating to joint-stock companies. 
This amendment includes obligating companies to appoint independent board members and establish audit committees for financial supervision