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REMUNERATION OF DIRECTORS. COMMENTS ON THE RESOLUTION OF THE GENERAL DIRECTORATE FOR REGISTRIES AND PUBLIC NOTARIES DATED 27TH APRIL 2013

I.- INTRODUCTION. The company SERCATRANS LOGÍSTICA 2000, S.L. (hereinafter, “SERCATRANS”) modified its by-laws stating that the post of director would be remunerated, always provided that the latter performs duties as manager or chief executive. However, the commercial registrar in Huelva decided not to register said modification because in her opinion it was in breach of articles 6 and 50 of…