Commercial Companies Law — Article 22 — Article (22) Duties of the Person Authorized to Manage the Company
Part One: General Provisions on Companies · Chapter Two: Incorporation and Management of Company
The person authorized to manage the Company shall preserve its rights and shall exercise due care and diligence for the benefit of the Company as expected from a Prudent Person. Such person shall perform all such acts that are consistent with the objective of the Company and the powers granted to such person under an authorization issued by the Company in this respect.
Interpretation and application must be checked against the official text and current version.
