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gérants

Gérants is the plural of gérant, a term used in French law to denote the person or persons responsible for the day-to-day management and representation of a company or business. The concept is most closely associated with the société à responsabilité limitée (SARL) but applies in other forms as well, such as the société en nom collectif (SNC). A gérant can be a natural person or a legal entity, and the mandate may be singular or shared among several co-gérants. The appointment, powers, and duration are typically defined in the company’s statutes or by the shareholders’ decision.

Powers and duties of the gérant include representing the company in legal and commercial matters, binding the

Liability and termination: The gérant’s mandate can be terminated by the shareholders and ends with dissolution

Beyond corporate law, the term gérant is also used more generally to describe the on-site manager of

company
in
contracts
within
the
scope
of
its
object,
and
handling
ordinary
management.
Gérants
may
also
be
responsible
for
financial
management,
signing
official
documents,
and
ensuring
compliance
with
applicable
laws
and
accounting
obligations.
When
there
are
multiple
gérants,
their
decision-making
arrangements—such
as
whether
they
act
jointly
or
individually—are
set
out
in
the
statutes.
They
must
act
in
the
best
interests
of
the
company,
exercising
loyalty
and
due
care
to
avoid
conflicts
of
interest
and
mismanagement.
or
expiry
of
the
mandate.
Gérants
may
be
liable
civilly
for
mismanagement
or
breach
of
duties
toward
the
company
or
third
parties;
in
some
legal
forms,
such
as
SNC,
managers
may
face
personal
liability
for
the
company’s
obligations
in
the
course
of
management.
In
practice,
the
exact
scope
of
authority
and
liability
depends
on
the
company
form
and
its
statutes.
a
business,
such
as
a
shop
or
restaurant,
responsible
for
daily
operations.