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Commercial law

Incapacity of a company director

What would happen if, one day, you became incapable of running your business or making corporate decisions? Although no one wants this to happen, your notary will advise you nonetheless to sign a mandate in anticipation of incapacity. Among other things, this mandate will name the person who, in the event that you are unable to act, will ensure continuity and take control of the company. An initiative such as this will enable you to choose the person you consider to be the most qualified to run the company, and will often avoid family friction and conflict.