Lawful Status of Directors in Stocks Companies of Iran & England Jurisprudence & Law

Document Type : Original Article


PhD Candidate, Science and Research Branch, Tehran, Iran


Recognizing the lawful status of directors in companies is important for determining of director’s choices of business companies. This importance not only affects on theoretical aspect but also has effect on third persons of transaction parties and companies. Lawyers and jurists always discuss about this issue. Based on an opinion, directors of business company are lawyers of that company but there is another opinion which says that company directors are deputy of that company and finally some jurists know directors as an element of company elements.
In this article, the author analyses these opinions by referring to article 17,118,135,588 and etc and comparing them in Iran and England jurisprudence and law.


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