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Responsibilities of the Board of Statutory Auditors: duty of supervision extended to the control of the entire company management

  • 25/01/2024

The Court of Cassation, Sec. I, with Order No. 2350 of 24 January 2024, ruled that the duty of supervision pursuant to Article 2403 of the Civil Code, imposed on the auditors of S.p.A., is not limited to the actions of the directors, but extends to the regular conduct of the entire management of the company, in order to protect not only the interests of the shareholders but also those of the company's creditors. 

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