According to the Company Law of People's Republic of China (PRC), supervisors, as members of the company's supervisory body, must perform their supervisory duties, ensure the company's legal and compliant operation, guard against the company's risks and safeguard the company's interests. If the supervisor fails to perform his duties and causes losses to the company, he shall bear corresponding legal responsibilities. The legal responsibilities of supervisors mainly include: 1. Civil liability: If the supervisor fails to perform his supervisory duties and causes the company to suffer economic losses, the company or other shareholders may bring a civil compensation lawsuit against the supervisor to demand compensation for actual losses, relevant interests and liquidated damages. 2. Criminal liability: If the supervisor fails to supervise or intentionally conceals or omits important matters of the company, causing heavy losses to the company, the supervisor may be suspected of committing a crime and need to bear corresponding criminal liability. 3. Administrative responsibility: If the supervisor violates the provisions of laws and administrative regulations in the company's supervisory duties, or fails to fulfill the relevant reporting obligations in time, he may be punished by the administrative department.
As one of the company's regulatory agencies, what is the responsibility of the board of supervisors? A: The Board of Supervisors is one of the supervisory bodies of the company, which is responsible for supervising the operation and management of the company. Specific responsibilities include: reviewing the company's annual financial report and profit distribution plan; To review the company's major investment, asset replacement or transfer plans; Review the company's equity incentives, employee stock ownership plans and other programs; To supervise the legality and compliance of the directors and senior managers of the company in exercising their functions and powers; Put forward suggestions and opinions on the management of the company.
According to the provisions of the Company Law, supervisors have supervisory responsibilities for the company, and if their failure to perform their duties causes losses to the company, supervisors shall bear corresponding legal responsibilities, including civil liability, criminal liability and administrative liability. Enterprises should attach importance to the role of supervisors, establish and improve the supervision system of the board of supervisors, ensure the company's legal and compliant operation, guard against company risks and safeguard the company's interests.
Legal basis:
Article 156 of the Company Law of People's Republic of China (PRC), the board of supervisors shall supervise and inspect the legality and compliance of the resolutions of the board of directors, the company's financial accounting report, the profit distribution plan, the resolutions of the shareholders' meeting, the company's major contracts and major investment decisions, and report the inspection results to the shareholders' meeting and the board of directors. When the board of supervisors finds that directors and senior managers violate laws, regulations or the articles of association, they shall submit written opinions to the board of directors in time and ask the board of directors to take remedial measures. If the board of directors fails to take remedial measures, the supervisor may put forward written suggestions to the shareholders' meeting. When exercising their powers, supervisors shall not abuse their powers or neglect their duties.
Directors and senior managers who violate the provisions of the preceding paragraph shall be reported to the shareholders' meeting and relevant competent departments in a timely manner, and their responsibilities shall be investigated according to law.