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    DUMA AMENDS LAW ON JOINT-STOCK COMPANIES

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    MOSCOW, MARCH 5, 2004 (RIA NOVOSTI) - The plenary session of the State Duma passed this Friday on the second and third reading amendments to the law "On joint-stock companies" in order to protect the rights of minority share-holdings.

    The bill suggests taking the entire net profits of a company as a basis for calculating dividends, said Duma property management committee head Victor Pleskachevsky when presenting the document to the deputies.

    The Duma-approved law will be submitted for the consideration of the Federation Council to proceed then to be signed by the president.

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