Important resolutions, such as changes of the company agreement, the appointment, removal and the discharge of directors, will only be legally effective if they are taken during a general meeting. Such resolutions must generally be registered in the corporate records; in contrast to German corporate law, all registrations must be notarised.
In the interior relations, the director is responsible for managing operations.
This includes the obligation to attend to the company's financial interests as a trustee (as these interests are not the director's own), as well as to the unhindered, efficient, and profit-oriented flow of operations.
In this context, the director is obligated to act with the diligence of a prudent businessman.
In addition to this, the following events are continuously to be monitored and/or implemented by the director:
However, the following tasks are mandatorily allocated to the shareholders' meeting exclusively (examples):
Attorney under German law, Bar certified specialist for Criminal Law Cüneyt Gençer
E-Mail: gencer@gencer-coll.de • Tel. +49-(0)-911-37 66 76-63
Tax Consultant, Dipl.-Kfm (Univ.) Bernhard Hofer
E-Mail: hofer@gencer-coll.de • Tel. +49-(0)-911-37 66 76-63