Following an appeal in front of the High Court of Cassation and Justice, it has been decided that the director of a share company whose mandate has been terminated, should the act for the appointment of a new director or an express acceptance on his behalf not exist, preserves the power to represent the company until the termination announcement is made according to the law.

Issuer: the High Court of Cassation and Justice
Date: the 6th of November 2017