24 Hrs
Source:
دايلي بيروت
Kanaan: Finance Panel Approves Capital Increase
The Finance and Budget Committee session focused on discussing several financial and legal issues in Lebanon. A bill was approved to increase the minimum share capital for joint-stock companies to two billion lira and for limited liability companies to 300 million lira. The deputies also discussed amendments to the Court of Audit’s regulations to ensure the implementation of its decisions and to address violations, emphasizing the importance of protecting depositors' rights through the praised banking reform laws, with some articles approved and international standards strengthened. The efforts of the Ministry of Justice to amend important laws were reviewed, including a draft law for the "Martyrs’ Judges." The minister pledged to present a new draft within a week to ensure justice in inheritance and lineage cases.
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