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Searching Content indexed under Corporate Governance by Maarten Roos ordered by Published Date Descending.
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Company Liquidation in China: Key Challenges to Wind-up your Chinese Company
An extract from Chapter 10 of 'Chinese Commercial Law: A Practical Guide' focusing on winding-up & liquidating companies.
China
5 Jan 2012
2
New Liabilities for Directors and Senior Managers
Under the PRC Company Law (2006), directors and senior managers of a foreign-invested, Chinese-registered company have the duty to comply with laws, regulations and the company’s articles of association, and owe the company loyalty and diligence. Moreover, they may be liable for compensation to the company if they cause it harm. In principle however, they will not bear civil liability towards third parties (such as the company’s creditors) for their actions on behalf of the company.
China
16 May 2011
3
Corporate Governance in China: Limiting the Authority and Liabilities of Directors and Management at Chinese-registered Susidiaries
Directors and managers do not always make wise decisions, and being prepared, knowing the circumstances in which they may be held personally liable to the company for their decisions, and protecting against such occurrences, are all essential to securing a long business life for the company in China.
China
 
9 Feb 2011
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