Liability of governing bodies of capital companies in Czech and English law

103 Summary A company as an artificial person cannot perform its own acts and it needs therefore real people to represent it and act on its behalf. Therefore, there are no doubts about the great importance and significance the authorized representatives have for the company and its members or creditors throughout its existence. Everyone connected with the company, whether as member, employee, supplier, customer or director, wants it to be well managed for their own benefit. Of these, the only group actually is in a position to ensure that the company is managed for their own benefit are its statutory organs and the only group who have the opportunity to control these organs are the members. This work deals with the topic of responsibility and liability of statutory bodies (authorized representatives) in capital companies in the Czech Republic and in the United Kingdom of Great Britain and Northern Ireland. It aims at comparative delineation of the standard of representatives' duties, their responsibilities for breach of legal duties and particular remedies in each given case of breach of duty. The publication work is divided into six main chapters in which the author tried to deal with the main issues of the aforementioned problematic. The publication also contains a list of used literature. In the..