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Preparing Management Meetings for SRLs

A properly managed corporate record helps prevent documentary problems from obstructing necessary company decisions. In an Argentine limited liability company (SRL), the management body administers the business. The articles of association and the configuration of multiple managers determine the applicable decision-making procedure.

What to keep in mind

Preparation includes an agenda, identification of participants and authority, draft resolutions and reliable minutes recording decisions and disagreements.

An informal conversation should not be treated as a formally effective management meeting without meeting applicable requirements.

Distinctions often confused

A meeting of managers and a meeting of quota-holding members have different competences.

Frequently asked questions

Must SRL managers meet in person?
That depends on law, the articles of association and valid alternatives for adopting and recording decisions.
Can one SRL manager bind the company without consulting another?
The answer depends on whether representation is individual, joint or otherwise allocated and on enforceable restrictions.

Informational content. It is not a substitute for professional advice.