Law No. 5 of 2002, promulgating the Law of Commercial Companies

طباعة
 


Article 243
Starting Date: 02/10/2002

 Unless the approval of the general assembly is granted, the manager may not assume management in another competing company or a company that has similar objectives. He may not conclude, on his own account or on account of others, competing or commercial deals or transactions. Any breach of these provisions shall result in the dismissal of the manager and indemnity.

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