are guided by common economic goals that enable the parent company to provide efficient management and leadership. The amendment is intend to enable the parent company and its subsidiaries to follow a common economic strategy in order to pursue the group’s interests. The parent company will be able to exercise unified management over its subsidiaries, including: by issuing binding orders regarding the management of the subsidiary’s affairs. The subsidiary will also be entitl to refuse to execute the order in the cases specified in the Act. Changes in the Commercial Companies Code – changes in practice Companies may adopt resolutions on participation in the so-called group of companies, however, the Amendment does not introduce the obligation to create such a group .
The parent company and the subsidiary
disclose their participation in the group of companies in the register of entrepreneurs of the National Court Register. If the parent company has its Cameroon Telemarketing Data Registered office abroad. Participation in a group of companies. Is sufficient to be disclosed. In the register of the subsidiary. The basic legal instrument that is. Intend to ensure the parent company’s .Efficient management of. A group of companies is a binding order .Address by the parent company .To the subsidiary. This order may concern the management .Of the company’s affairs. And the basis for its issuance .Should be the specific interest .Of the group of companies.
A binding order may be issued
by the management board, as well as by a commercial proxy and the company’s proxies, within the scope of their powers. The subsidiary Japan WhatsApp Number List was oblig to inform the parent company about the decision taken in this respect, i.e. adopting a resolution to execute a binding order or a resolution to refuse to execute a binding order. A resolution on this matter is adopt by the management board of the subsidiary. The subsidiary is oblig to refuse to carry out the parent company’s instructions in several situations. They mainly come down to the possibility of violating the interests of the subsidiary.
