The decision on the changes in the composition of the council is taken by the shareholders’ meeting. The shareholders’ meeting may decide on the appointment or dismissal of each member of the council separately. If the regulations on the election of the council applicable to joint stock companies are laid down in the articles of association, the shareholders’ meeting must elect the entire council at the same time. A member of the council is entitled to resign at own initiative.

Documents for submission:

• Application form KR18
• Minutes of the shareholders’ meeting or shareholder decision containing the changes in the composition of the council (signatures must be certified if required by the articles of association)
• Consent of each member of the council to hold the office (if new council is elected).
• Notice of a member of the council regarding the resignation (in case of resignation at own initiative)
• A receipt or its copy, or a printout of the payment order from online bank or the information on the payment of the state fee
• A receipt or its copy, or a printout of the payment order from online bank or the information on the publication in the official gazette "Latvijas Vēstnesis"