n Transactions of the Centre for Business Law - Organs : chapter 7
|Article Title||Organs : chapter 7|
|© Publisher:||University of the Free State|
|Journal||Transactions of the Centre for Business Law|
|Publication Date||Jan 2008|
|Pages||118 - 122|
Given the fact that both business entities are juristic persons they need organs to act for them. It will be interesting to see if differences between a more formally structured GmbH as a 'Kapitalgesellschaft' and the very closely held organizational form of the close corporation exist. Whether, e.g., members have the opportunity to actively take part in the business of the corporation because of equal management rights or if the organ of a managing director is being prescribed.
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