ABSTRACT
The company is not a natural person. Therefore, somebody needs to act on behalf of the company. The division of powers between the shareholders in general meeting and the directors will be considered later. Suffice it to state at this juncture that the power of management is largely left with the directors where Table A applies (see Art 70 of Table A). The purpose of this section of the textbook is to consider the role of directors, the appointment of directors, the removal of directors and directors’ duties.
