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When directors of the subsidiary company obey the instruction of the

fully dominant company, they shall not be held liable to the sharehold-

ers or subsidiary company.

Conclusion

The existence of contractual group companies may stem from a

domination agreement established between the companies. As a result

of the domination agreement concluded between the dominant compa-

ny and subsidiary company, the beneficial aim of the group of compa-

nies can be reached by forming a uniform managing structure.

COMMERCIAL LAW

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