Who Signs the Notification of Change of Legal Representative for a Joint Stock Company?

Let me ask, in the case of our company being a joint-stock company, we are planning to change the legal representative. Hence, I'm not sure who will have the authority to sign the document notifying the change of the legal representative of the company?

Based on the provisions of Clause 2 and Clause 3, Article 50 of Decree 01/2021/ND-CP:

The person signing the notification of change of the legal representative for a joint-stock company is the Chairman of the Board of Directors. In the case where the Chairman of the Board of Directors is the legal representative, the person signing the notification is the new Chairman of the Board of Directors elected by the Board of Directors;

In the case where the Chairman of the Board of Directors is absent or unable to perform his/her rights and obligations, the person signing the notification of change of the legal representative is the person authorized by the Chairman of the Board of Directors. In the absence of an authorized member or if the Chairman of the Board of Directors is deceased, missing, temporarily detained, serving a prison sentence, undergoing administrative measures at compulsory detoxification centers, compulsory education centers, fleeing from residence, restricted or losing civil act capacity, having difficulties in cognition or behavior control, or prohibited by the court from holding certain positions, practicing certain professions or doing certain jobs, the person signing the notification of the change of the legal representative is the person temporarily elected as the Chairman of the Board of Directors according to the provisions of Clause 4, Article 56; Clause 3, Article 80; and Clause 4, Article 156 of the Enterprise Law.

Therefore, the person authorized to sign the notification of change of the legal representative of a joint-stock company is the Chairman of the Board of Directors.

Respectfully!

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