CGOV.14:3 - Forces

A corporation needs to adapt without losing the rights, duties and continuity that constrain change. Broader reform can resolve connected defects but require more consents, transition work and capacity than a local repair.

Decision, effectivity and functioning can occur at different times. Some notices or filings constitute a condition of effectivity; others report an already effective act. Applying either interpretation indiscriminately can cause premature action or unnecessary delay.