Commercial Companies Law

Article 181 — Article (181) Supervision of General Assembly Meetings

Part Four: Public Joint Stock Companies · Chapter Three: General Assemblies of Public Joint Stock Company

1. The SCA and the Competent Authority may send one or more controllers on their behalf to attend meetings of the General Assembly of companies without having the right to vote. The presence of such controllers shall be recorded in the minutes of meeting of the General Assembly. 2. The Central Bank or the Insurance Authority may send one or more controllers to attend meetings of the General Assembly of companies licensed by the Central Bank or the Insurance Authority, without having the right to vote. The presence of such controllers shall be stated in the minutes of meeting of the General Assembly.

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