Commercial Companies Law

Article 89 — Article (89) Powers of the Supervisory Board

Part Three: Limited Liability Company · Chapter Two: Management of the Company

The supervisory board shall be authorized to scrutinize and examine the books and records of the Company and to require the managers at any time to provide a report on their management activities. The supervisory board shall monitor the balance sheet, the annual report and the distribution of the profits, and shall present a report on the same to the General Assembly of the Company at least five [5] days before its convention date.

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