KAREN MELIKSETYAN

PhD student at YSU Civil Law Chair,

“FLASH” LLC lawyer

DOI: https://doi.org/10.59546/18290744-2023.4-9-33

Annotation.

This scientific article is devoted to the study of some features of the executive body of the corporation as a body carrying out current management, identifying problematic issues and offering practical solutions. The status of the executive body of the corporation, features and peculiarities, varieties of the executive body (sole and collegial), the competence of the latter and other problematic issues of scientific interest were investigated. In addition, the article identified and discussed issues related to the company's current activities, normal economic activity, management issues, requirements, conditions, restrictions (incompatibility requirements), powers related to the members of the executive body and the nature of contracts concluded with the executive body. At the same time, the article reveals the essence and features of the executive body of venture joint-stock companies, among other things, the subject of discussion were the rights to manage the executive body of venture joint-stock companies, approval of the head of the executive body elected/appointed by venture investors, a special executive body and other qualities inherent in it. As a generalization of the above, it is proposed to localize the mechanisms of the executive body of venture joint-stock companies and improve the legislation of the Republic of Armenia, which will create a favorable investment environment and attract foreign investment.

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