Some obstacles in regulation on the limited company asking for solutions

Law on Enterprises 2020 has appropriately modified provisions the organization and operation of multi-member limited companies. However, shortly after implementation, some new regulations continuously lead to impediments whose legal loopholes would contribute risks harmfulness corporations, investors, even economic activities in general. Different from previous versions; overlooks rights duties companies’ members supplies only those related persons Board Members instead. Neverthesless, this forfeited several inevitably owned by a company’s member, who contributes owns parts capital. In addition, it provides an incomplete regulation corporations’ executive management, particular apparent competence Board’s members. Currently, Director (or General Director)’s decisions are scoped corresponding with Members’ president. Regardless, Corporation sends no confirmation such rights. Accordingly, paper extracts obstacles rules their for appropriate solutions. Under common aspects, problems raised concerning authorities enter into contracts Director) President considered proper recommendations further amendments Enterprises.