Company law on single-member private limited liability companies. Codification

The European Parliament adopted, by 631 votes to 17 with 12 abstentions, a legislative resolution, following 1st reading of codecision procedure, and approved the proposal for a directive of the European Parliament and of the Council in the area of company law on single-member private limited-liability companies (codified version). The report had been tabled for consideration in plenary by Diana WALLIS (ADLE, UK) on behalf of the Legal Affairs Committee.  

The Commission proposal is approved as adapted to the recommendations of the Consultative Working Party of the legal services of the European Parliament, the Council and the Commission.