Board of joint-stock company

collegial executive body of a joint-stock company, which carries out current, operational management of affairs and represents the interests of the company in its relations with various organizations. The Management Board is accountable to the Board of Directors (Supervisory Board) and the General Meeting of Shareholders. The powers of the board, by decision of the general meeting, can be transferred under the contract to involved persons. Operates on the basis of the charter of the company, as well as. approved by the board of directors (supervisory board) of the company of an internal document of the company (regulations, regulations or other document), which establishes the terms and procedure for convening and holding its meetings, as well as. decision-making procedure. Organizes the implementation of decisions of the general meeting of shareholders and the board of directors (supervisory board) of the company. The competence of the P. of the company includes all issues of managing the current activities of the company, with the exception of issues related to the exclusive competence of the general meeting of shareholders or the board of directors (supervisory board) of the company. P. acts on behalf of the company without a power of attorney, incl. represents its interests, makes transactions on behalf of the company, approves states, issues orders and gives instructions binding on all employees of the company.