Civil liability for managing a joint-stock company that has caused the company’s bankruptcy. Lect. Ahmed Hasan Wasmi (Ph.D) (A Comparative Study)

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Ahmed Hasan Wasmi

Abstract

This research dealt with a very important topic, which is the responsibility of the members of the administrative bodies causing the bankruptcy of the joint stock company. The competent authority, and we have clarified what is the legislation that governs the issue of bankruptcy at the present time, which is the fifth chapter of the repealed Iraqi Trade Law, with the exception of this chapter No. 149 of 1970 and the seventh chapter of this chapter is the ruling on the issue of corporate bankruptcy, and the articles related to the subject of our research are (721) and (722). ) . We also discussed the legal adaptation of the responsibility of the management members in the bankrupt company, and we also explained the civil liability of the members of the company’s administrative body, and that the decisions that led to the company’s bankruptcy were taken by the management member during his tenure of work in the company’s management 

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How to Cite
احمد حسن وسمي. (2022). Civil liability for managing a joint-stock company that has caused the company’s bankruptcy. Lect. Ahmed Hasan Wasmi (Ph.D) (A Comparative Study). MIsan Journal of Comparative Legal Studies, 1(6), 7–28. https://doi.org/10.61266/mjcls.v1i6.93
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