'3% Rule Supplement' Commercial Act Amendment Bill Passes Legislation and Judiciary Committee Bill Subcommittee

연합뉴스-Yonhap News Agency

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The ruling and opposition parties agreed to process the amendment to the Commercial Act, including the 3% rule. The concentrated voting system and expansion of the audit committee were agreed upon at a later public hearing. Regarding the amendment to the Commercial Act being promoted by the Democratic Party of Korea, the ruling and opposition parties reached an agreement at a meeting of the floor leaders and the secretaries of the Legislation an…

ddaily.co.kr

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[Digital Daily Reporter Park Ki-Rok] As the ruling and opposition parties reached an agreement on the controversial issues such as the '3% rule', the implementation of the revised Commercial Act is gaining momentum. It was decided to hold a public hearing to discuss the 'central voting system', another controversial issue in the revised Commercial Act. As uncertainty over the passage of the revised Commercial Act has been eliminated, a positive…

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The ruling and opposition parties agreed to process the agreement that includes the '3% rule', which the Democratic Party of Korea has been pushing for in the Commercial Act amendment, at the plenary session on the 3rd. The Commercial Act amendment is expected to be the first bill to be agreed upon by the ruling and opposition parties. The National Assembly Legislation and Judiciary Committee