Corporate Governance 2025

GEORGIA Law and Practice Contributed by: Tamar Jikia and Archil Giorgadze, Andersen in Georgia

7.2 Requirements for Directors Concerning Management Risk and Internal Controls Requirements prescribed by Georgian law in relation to directors in connection with the management of risk and internal controls in the company are provided in 4.6 Legal Duties of Directors/Officers , 4.8 Consequences and Enforcement of Breach of Directors’ Duties and 4.9 Other Bases for Claims/Enforcement Against Directors/Officers .

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