グローバル・プラクティス Global Practice

Department of Business Development, Ministry of Commerce (“DBD”) must be signed by the director authorized to act on behalf of the company according to its existing registration records. In practice, disputes among shareholders or directors may arise in connection with the appointment or removal of directors. In such situations, the director whose removal is being proposed may refuse to sign the registration application. In this article, we will discuss whether director changes can be registered without the existing authorized director's signature.