In the relationship between a Company and the board members, that has non subordinated nature (according to the 1595/2017 decision of the Italian Supreme Court), it is possible to apply the article 1460 of the Italian civil code. In the case decided by the Milan Court of Appeal the Company was allowed to not pay the directors compensation, by the fact that they have failed to meet their obligations to call the general meeting of the shareholders and to prepare the draft budget within the time limit.
Related posts
28 October 2024
Marco Zichittella will take part as a speaker at the webinar Le clausole statutarie nelle società (l’autonomia…
Posted in: General
1 July 2024
La joint venture tra Signal Capital Partners ed Eurofund Group ha completato l’acquisizione del 100%…
Posted in: General
18 June 2024
Cartwright Pescatore renews its partnership with Jebo with the business game Immaginare il Domani (“Imagining…
Posted in: General
14 June 2024
Zucchetti acquires control of the Ranocchi Group, thereby further consolidating its leading position in the…
Posted in: General
28 October 2024
Marco Zichittella will take part as a speaker at the webinar Le clausole statutarie nelle società (l’autonomia…
Posted in: General
1 July 2024
La joint venture tra Signal Capital Partners ed Eurofund Group ha completato l’acquisizione del 100%…
Posted in: General
18 June 2024
Cartwright Pescatore renews its partnership with Jebo with the business game Immaginare il Domani (“Imagining…
Posted in: General
14 June 2024
Zucchetti acquires control of the Ranocchi Group, thereby further consolidating its leading position in the…
Posted in: General