MPs of Slovak parliament failed to override a veto by President Andrej Kiska when voting on the amendment to the Commercial Code, as the ruling Smer party deputies did not have enough votes in the main hall.
At the voting taking place on December 9, several regional governors were missing. Smer has a total of 83 MPs in parliament, and for overrunning a veto, an absolute majority of 150 votes in parliament is needed.
Smer MP Anton Martvoň told the SITA newswire that some of his colleagues just really did not manage to come on time. “Sometimes this can happen,” Martvoň argued. “We are a huge caucus.
In the draft amendment to the Commercial Code, Justice Ministry proposed to create two types of limited liability companies – spoločností s ručením obmedzeným, or s.r.o. One type was to be considered “regular”, in which the requirement to create capital stock will be increased in absolute expression; and the other type shall be start-ups with limited liability which could be founded from one euro capital stock. President Andrej Kiska returned the bill to parliament for repeated debate, proposing for it not to be passed as a whole, according to SITA. Of the total only 150 MPs, only 75 voted for the draft bill, and so it failed to be passed.
(Source: SITA)
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
