Call Us + 33 1 84 88 31 00

Article R225-30 of the French Commercial code

The Chairman of the Board of Directors shall notify the Statutory Auditors of the agreements and commitments authorised and entered into pursuant to Article L. 225-38 , within one month of entering into such agreements and commitments. It also informs them, for each agreement and commitment authorised and entered into, of the reasons justifying their interest for the company, retained by the Board of Directors pursuant to the last paragraph…

Read More »

Article R225-31 of the French Commercial code

The statutory auditors’ report provided for in the third paragraph of Article L. 225-40 contains: 1° A list of the agreements and commitments subject to approval by the General Meeting; 2° The names of the directors concerned; 3° The names of the Chief Executive Officer or the Deputy Chief Executive Officers concerned; 4° The designation of the shareholder or shareholders concerned holding a fraction of the voting rights in excess…

Read More »

Article R225-33 of the French Commercial code

The Board of Directors freely distributes among its members, where applicable under the conditions provided for in Article L. 22-10-8, the overall sums allocated to the directors in the form of attendance fees; in particular, it may allocate to the directors, members of the committees provided for in the second paragraph of Article R. 225-29, a greater share than that of the other directors. The Board of Directors may authorise…

Read More »

Article R225-34 of the French Commercial code

The Board of Directors shall determine the remuneration of the person temporarily delegated to perform the duties of the Chairman for the duration of the delegation, under the conditions provided for in Article L. 22-10-8, and, where applicable, of the non-director members of the committees provided for in the second paragraph of Article R. 225-29.

Read More »

Article R225-34-2 of the French Commercial code

To serve on the Board of Directors and its committees, the directors elected by the General Meeting of Shareholders pursuant to Article L. 225-23 and the directors elected by the employees or appointed pursuant to Article L. 225-27-1 have preparation time which may not be less than fifteen hours nor more than half the legal monthly working time per meeting of the Board of Directors or the committee in question….

Read More »

Article R225-34-3 of the French Commercial code

The training provided for in Article L. 225-30-2 and Article L. 225-23 ensures that directors elected by the General Meeting of Shareholders pursuant to Article L. 225-23 and to directors elected by employees or appointed pursuant to Article L. 225-27-1 the acquisition and improvement of the knowledge and techniques required to carry out their duties. It mainly covers the role and operation of the Board of Directors, the rights and…

Read More »

Article R225-34-4 of the French Commercial code

The time devoted to training directors elected by the general meeting of shareholders pursuant to Article L. 225-23 and directors elected by employees or appointed pursuant to Article L. 225-27-1 is determined by the Board of Directors, but may not be less than forty hours per year, during the term of office. This time is taken from actual working time and remunerated as such at the normal due date. A…

Read More »

Article R225-34-5 of the French Commercial code

The Board of Directors, after consultation with the directors concerned, shall determine the training organisation(s) or centre(s) responsible for providing the training. At the end of the training course, the training organisation or centre shall issue a certificate of attendance, which the person concerned shall give to his employer.

Read More »

Article R225-34-6 of the French Commercial code

The cost of the training, including travel expenses in connection therewith, shall be borne by the company and shall not be taken into account in calculating the sums devoted to continuing training provided for in Book III of Part Six of the Labour Code.

Read More »

Contact a French lawyer now

Contact a French Business Lawyer

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call us at +33 (0) 1 84 88 31 00 or send us an email.

Useful links

You have a question in French Business Law?

Our French business lawyers are here to help.
We offer a FREE evaluation of your case.
Call +33 (0) 1 84 88 31 00 or send us an email.

All information exchanged through this website will be communicated to lawyers registered with a French Bar and will remain confidential.