CEU Electronic Theses and Dissertations, 2025
| Author | Pakatsoshvili, Tornike |
|---|---|
| Title | Legal Protections for Directors in Georgian Corporate Law: A Comparative Analysis |
| Summary | According to the Georgian Law On Entrepreneurs, director may be removed from his/her position at any time, without any grounds, which is considered one of the main powers of shareholders to compensate for the risks associated with investing funds in an entrepreneurial company. However, in parallel with this, there is little information in the legal literature or judicial practice on the mechanisms that would compensate for the groundles removal of a director at any time. This thesis, based on the analysis of national and generally accepted international standards and judicial practice, presents an analysis of the regulatory norms for the removal of the director and the possibility of incorporating defense mechanisms for directors into Georgian corporate law as a counterweight to them. An analysis of the regulatory norms and court practice governing the removal of directors confirms that the Georgian Law On Entrepreneurs requires clarification of the procedure for removing directors and the prior identification and proposal of compensatory mechanisms, which could then be implemented to address groundless removal. |
| Supervisor | Tajti, Tibor |
| Department | Legal Studies LLM |
| Full text | https://www.etd.ceu.edu/2025/pakatsoshvili_tornik.pdf |
Visit the CEU Library.
© 2007-2021, Central European University