What will the company do after the chairman is sentenced?

Legal analysis: After the chairman was sentenced, the company registered the change. Theoretically, it can have no impact on the company. Because the company is an independent legal person, it has its own authority-shareholders' meeting or shareholders' meeting (this is for joint-stock companies), decision-making body-board of directors (small limited liability companies can only have one executive director), and management organization-manager. The legal representative of the company may be the chairman, executive director or manager.

Legal basis: Article 4 of the Regulations on the Administration of Registration of Legal Representatives of Enterprise Legal Persons.

In any of the following circumstances, he shall not be the legal representative of the enterprise, and the enterprise registration authority shall not approve the registration:

(1) Having no or limited capacity for civil conduct.

(2) The criminal penalty or criminal compulsory measures are being executed.

(3) Being wanted by a public security organ or a state security organ.

(4) Being sentenced to punishment for committing crimes of corruption and bribery, property infringement or disrupting the order of the socialist market economy, and the execution period has not exceeded five years; Being sentenced to punishment for committing other crimes, and the execution period has not exceeded three years; Or sentenced to deprivation of political rights for a crime, and the execution period has not exceeded five years.

(5) Being the legal representative, director or manager of an enterprise that went bankrupt and liquidated due to poor management, and being personally responsible for the bankruptcy of the enterprise, and less than three years have passed since the end of the bankruptcy liquidation of the enterprise.

(6) Being the legal representative of an enterprise whose business license has been revoked due to violation of laws, and being personally liable for the illegal acts of the enterprise, and less than three years have passed since the date of revocation of the business license of the enterprise.

(seven) the amount of personal debt is large, and it has not been paid off at maturity.

(eight) other circumstances stipulated by the law and the State Council can not serve as the legal representative of the enterprise.

Article 6

If the legal representative of an enterprise has one of the circumstances listed in Article 4 of these Provisions during his tenure, the enterprise as a legal person shall apply for the change of registration of the legal representative of the enterprise.