English
1/ A manager may be dismissed by the organ appointing
him; In particular, in the absence of a provision to the
contrary in the memorandum of association, a
manager appointed by the board of directors shall be
dismissed in the same manner as a manager of a share
company.
2/ In the absence of a provision to the contrary in the
memorandum of association, a manager may be
dismissed by an ordinary general meeting irrespective
of whether he is appointed in the memorandum of
association or by an ordinary general meeting; A
manager is not entitled to be reinstated to his position
even where the dismissal is without good cause.
3/ notwithstanding the provisions of Sub-Article
(1) and
(2) of this Article, a manager may be dismissed, on
the request of any shareholder, by the court where it is
of the opinion that there is good cause.
4/ where replacing the dismissed manager takes time, the
deputy manager or the chairperson of the board of
directors shall act, in this particular order, in place of
the dismissed manager.
5/ the court shall appoint other provisional manager
where the cause for the removal of the manager under
this Article is a conflict between the manager and the
deputy manager or the chairperson of the board of
directors and if replacing the manager by either the
deputy manager or chairperson of the board is not in
the best interest of the company.
