Board Of Commissioners

Board of Commissioners consists of a President Commissioner and two Commissioners, one of whom is an Independent Commissioner whose appointment and dismissal is determined by the Extraordinary General Meeting.

Duties and Authority:

  • The main responsibilities of the Board of Commissioners are supervising the Company’s management policies and providing advices to the Board of Directors.

  • The Board of Commissioners is entitled to enter the building and yard or other places that is used or held by the Company and has the right to examine all financial records, letters and other evidence, examine and compare cash and other conditions, and has the right to know every measure that have been implemented by the Board of Directors

The Board of Directors and/or each director are obliged to provide account of everything that is inquired by the Board of Commissioners.

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