What are the contents of Article 147 of the original Company Law?

Legal analysis: Article 147 of the original Company Law stipulates that directors, supervisors and senior managers of the company are not allowed to hold posts:

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

(2) Being sentenced to punishment for corruption, bribery, embezzlement of property, misappropriation of property or disrupting the order of the socialist market economy, and the execution period is less than five years, or being deprived of political rights for committing a crime, and the execution period is less than five years;

(3) others.

Legal basis: Article 147 of the Company Law of People's Republic of China (PRC) shall not serve as a director, supervisor or senior manager of the company under any of the following circumstances:

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

(2) Being sentenced to punishment for corruption, bribery, embezzlement of property, misappropriation of property or disrupting the order of the socialist market economy, and the execution period is less than five years, or being deprived of political rights for committing a crime, and the execution period is less than five years;

(3) others.