The role of supervisors in the company is to supervise and inspect, and they are not directly involved in the daily business activities of the company, so they generally do not bear the debts or other business risks of the company. However, in some cases, if the supervisor fails to perform his duties or is at fault, such as failing to find or prevent the illegal behavior of the company's management, he may need to bear corresponding legal responsibilities. The main duties of supervisors include checking the company's financial affairs, supervising the performance of directors and senior managers, proposing to remove them, demanding to correct acts that harm the company's interests, proposing to convene an extraordinary general meeting of shareholders, making proposals to the general meeting of shareholders, and bringing lawsuits against directors and senior managers. Therefore, as a supervisor, you need to perform your duties seriously and avoid legal risks caused by negligence or mistakes.
Duties and functions of the board of supervisors:
1. Supervise the company's financial activities to ensure its legal compliance;
2. Check the company's financial report to ensure its authenticity and integrity;
3. Supervise the behaviors of directors and senior managers of the company to prevent them from harming the interests of the company or shareholders;
4. Supervise the company's business decisions and activities to prevent illegal activities;
5. Handling complaints and reports from shareholders and other stakeholders on the company's operation;
6. When the company has major problems, it may propose to convene an extraordinary general meeting of shareholders.
To sum up, the supervisor is responsible for supervision and inspection in the company. Although they are usually not involved in daily business risks, they may face legal liability when they fail to perform their duties correctly or are at fault. Therefore, supervisors must strictly perform their duties, including financial review and supervision of management, in order to prevent the company's interests from being damaged due to negligence or wrong behavior and avoid individuals from bearing corresponding legal consequences.
Legal basis:
Company Law of the People's Republic of China
Article 51
A limited liability company shall have a board of supervisors with no less than three members. A limited liability company with fewer shareholders or smaller scale may have one or two supervisors instead of a board of supervisors. The board of supervisors shall include an appropriate proportion of shareholders' representatives and employees' representatives, of which the proportion of employees' representatives shall not be less than one third, and the specific proportion shall be stipulated in the articles of association. The employee representatives in the board of supervisors are elected by the employees of the company through employee congresses, employee congresses or other forms of democratic elections. The board of supervisors shall have a chairman, who shall be elected by more than half of all supervisors. The chairman of the board of supervisors shall convene and preside over the meeting of the board of supervisors; If the chairman of the board of supervisors is unable to perform his duties or fails to perform his duties, more than half of the supervisors shall jointly nominate a supervisor to convene and preside over the meeting of the board of supervisors. Directors and senior managers shall not concurrently serve as supervisors.