Legal limitations of the administrator’s right of concluding disposition documents on behalf of the company Cover Image

Limite legale ale dreptului administratorului de a încheia acte de dispoziţie în numele societăţii
Legal limitations of the administrator’s right of concluding disposition documents on behalf of the company

Author(s): Carmen Todică
Subject(s): Commercial Law
Published by: Editura Hamangiu S.R.L.
Keywords: legal representation; administration; administrator; delegation of powers;

Summary/Abstract: The administrating power confers the administrator of the company the right to a „social signature”, the right to express the will of of the company, of concluding legal documents on its behalf and of engaging its liability in relationships with third parties. In other words , the administrator is authorized to conclude with third parties all the legal documents imposed by the administartion of the company , including documents of disposition. However , in respect of such documents, the law requires some restrictions that limit the administrator’s right to conclude documents on behalf of the company

  • Issue Year: IV/2016
  • Issue No: IV
  • Page Range: 65-73
  • Page Count: 9
  • Language: Romanian