Commercial Code does not contain provisions concerning the convening or holding meetings of the board, such as their frequency, location of meeting, the person empowered to convene, the mode and time of convening. However, such rules may be stored in the company or in the rules of the board.
provisions of the Rules of the Management Board are free to determine the frequency of holding meetings of the Board, eg once a month or once a week in a fixed, arbitrarily chosen date. It is worth remembering that the dates of meetings of the board, however, should be determined in such a way as to allow proper notification to the board members. This means that the notice should be specified: the date, time and place of board meetings. Notice of the meeting of the board should reach out to board members in advance, earlier than the date on which the meeting is being held.
Board Rules should identify who the company is authorized to convene meetings. Generally it is Chairman of the Board. Regulations of the Board should also indicate the way in which board members are informed of the meeting.
True CCC rules do not specify the mode of convening meetings of the board, but only say that the resolutions of the Board may be taken if All members were duly notified of the meeting. Therefore, the manner of convening the meeting of the board members of the Board may be arbitrary. What is important is that it is fixed in the Rules of the Board and enforced by convening a meeting.
more about issues related to the daily functioning of the board of a limited liability company, see the guide "Advisor to the President a limited liability company."
0 comments:
Post a Comment