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Information Journal Paper

Title

ANALYSIS OF DIRECTORS" POWERS OF SHARE LIMITED COMPANY WITH RESPECT TO. FOUNDATIONS OF RELATION BETWEEN DIRECTORS AND COMPANY IN IRAN AND ENGLISH LAGAL SYSTEMS

Pages

  1-16

Abstract

 In spite of the companies may have all rights which law recognise for humans, for their unreal nature, they can not exercise their rights and inevitably performance of rights leave to humans which act as its DIRECTORS. Now, DIRECTORS powers limits not arise from legal theories, but they result from social and economic facts. Therefore, proxy and agency theoris which indicate limited powers for DIRECTORS and inconsistant with commercial exigencies and its most important principles, namely security and speed, were set aside, the "Identification Theory" which contains all powers for DIRECTORS in relation with third parties, was arised. Iran and English legal systems also, accepted this DIRECTORS full powers. The full power is, merely in relation of compay with third parties, but in relation of DIRECTORS with company, they must act in limits of accertained powers and if they act ultra vires, they shall be responsible befor, the company. Although their act before third parties is effective.

Cites

References

Cite

APA: Copy

SKINI, R., & SHARIFI ALE HASHEM, S.E.. (2001). ANALYSIS OF DIRECTORS" POWERS OF SHARE LIMITED COMPANY WITH RESPECT TO. FOUNDATIONS OF RELATION BETWEEN DIRECTORS AND COMPANY IN IRAN AND ENGLISH LAGAL SYSTEMS. MODARRES HUMAN SCIENCES, 4(4(Tome 17)), 1-16. SID. https://sid.ir/paper/7061/en

Vancouver: Copy

SKINI R., SHARIFI ALE HASHEM S.E.. ANALYSIS OF DIRECTORS" POWERS OF SHARE LIMITED COMPANY WITH RESPECT TO. FOUNDATIONS OF RELATION BETWEEN DIRECTORS AND COMPANY IN IRAN AND ENGLISH LAGAL SYSTEMS. MODARRES HUMAN SCIENCES[Internet]. 2001;4(4(Tome 17)):1-16. Available from: https://sid.ir/paper/7061/en

IEEE: Copy

R. SKINI, and S.E. SHARIFI ALE HASHEM, “ANALYSIS OF DIRECTORS" POWERS OF SHARE LIMITED COMPANY WITH RESPECT TO. FOUNDATIONS OF RELATION BETWEEN DIRECTORS AND COMPANY IN IRAN AND ENGLISH LAGAL SYSTEMS,” MODARRES HUMAN SCIENCES, vol. 4, no. 4(Tome 17), pp. 1–16, 2001, [Online]. Available: https://sid.ir/paper/7061/en

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