Chemco Case Study Solution
Article 23The guilty person of an organization shall have case study solution loyalty and shall activity case study solution due care of a good administrator in carrying out case study solution enterprise operation of case study solution company; and if he/she has acted contrary to this provision, shall be chargeable for case study answer damages to be sustained by case study solution agency there from. If case study solution guilty person of a company has, in case study answer process carrying out case study answer company operations, violated any provision of case study solution applicable laws and/or rules and thus caused damage to any other person, he/she will be liable, jointly and severally, for case study solution damage to such other person. Article 24A dissolved company shall be liquidated, unless such dissolution is brought on by consolidation or merger, split up, or chapter. Article 26A dissolved company as stated in case study solution preceding article may, during case study solution period of liquidation, quickly transact its enterprise for case study answer aim of settling pending affairs and facilitating case study solution liquidation. Article 26 1Where case study answer authentic registrations of an organization are cancelled or invalidated by case study answer vital ready authority, case study solution provisions set out in case study answer previous three Articles shall apply mutatis mutandis. Article 27Where a government agency or a juristic person acts as a shareholder of a company, it may be elected as a director or manager of case study answer agency as long as it shall designate a natural person as its proxy to exercise, in its behalf, case study solution duties of a shareholder.