According to Article 53 of the Company Law of People's Republic of China (PRC), the board of supervisors and supervisors of companies without a board of supervisors shall exercise the following functions and powers:
(a) to check the company's finances;
(2) To supervise the acts of directors and senior managers in performing the duties of the Company, and put forward suggestions for the removal of directors and senior managers who violate laws, administrative regulations, articles of association or resolutions of the shareholders' meeting;
(3) To require directors and senior managers to correct their actions when they harm the interests of the company;
(4) Proposing to convene an extraordinary shareholders' meeting, and convening and presiding over the shareholders' meeting when the board of directors fails to perform its duties as stipulated in this Law;
(five) to submit a proposal to the shareholders' meeting;
(6) To institute legal proceedings against directors and senior managers in accordance with the provisions of Article 151 of this Law.
(seven) other functions and powers stipulated in the articles of association.
Extended data:
Article 70 of the Company Law of People's Republic of China (PRC) A wholly state-owned company shall have no fewer than five members of the board of supervisors, of which the proportion of employee representatives shall not be less than one third, and the specific proportion shall be stipulated in the company's articles of association. Members of the board of supervisors shall be appointed by the state-owned assets supervision and administration institution; However, the employee representatives among the members of the board of supervisors are elected by the employee congress of the company. The chairman of the board of supervisors shall be appointed by the state-owned assets supervision and administration institution from among the members of the board of supervisors. The Board of Supervisors shall exercise the functions and powers stipulated in Items 1 to 3 of Article 53 of this Law and other functions and powers stipulated by the State Council.
Article 117 A joint stock limited company shall set up a board of supervisors, and its members shall not be less than three. 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 and may have a vice-chairman. The chairman and vice-chairman of the board of supervisors 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, the vice chairman of the board of supervisors shall convene and preside over the meeting of the board of supervisors; If the vice 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.
Baidu Encyclopedia-China People and China Company Law