NewsWhore
10-06-2010, 03:40 PM
The president of the National Business Council (CONEP), Lisandro Macarrulla, has called on Congress to speed up the approval of the modifications to the General Law on Commercial Societies and Limited Responsibility Individual Companies (479-08). Macarrulla was speaking to news reporters as he and other top business leaders visited the Senate Justice Commission to try and speed up the approval of the legislation. He said that the changes had already been agreed upon within the business community, as well as with the civic entity Foundation for Institutionalism and Justice - FINJUS.
The urgency stems from the fact that the current law sets a December deadline for the approval of the changes. The changes in the law will facilitate commerce, correct errors and omission in the original legislation, and include new entities that will stimulate foreign and local investment. Macarrulla said that since there is a December deadline for companies to adjust to the 2008 legislation, the approval of the modifications would prevent the work from having to be duplicated all over again.
More... (http://www.dr1.com/index.html#10)
The urgency stems from the fact that the current law sets a December deadline for the approval of the changes. The changes in the law will facilitate commerce, correct errors and omission in the original legislation, and include new entities that will stimulate foreign and local investment. Macarrulla said that since there is a December deadline for companies to adjust to the 2008 legislation, the approval of the modifications would prevent the work from having to be duplicated all over again.
More... (http://www.dr1.com/index.html#10)