{"id":48626,"date":"2023-06-11T12:30:46","date_gmt":"2023-06-11T09:30:46","guid":{"rendered":"https:\/\/koumentakislaw.gr\/articles\/aithsh-diorismou-eidikoy-ekprosopou\/"},"modified":"2026-08-28T09:48:18","modified_gmt":"2026-08-28T06:48:18","slug":"board-member-liability-appointment-special-representative","status":"publish","type":"post","link":"https:\/\/koumentakislaw.gr\/en\/articles\/board-member-liability-appointment-special-representative\/","title":{"rendered":"Responsibility of Board Members: Application for Appointment of Special Representative"},"content":{"rendered":"

In a previous article<\/strong><\/a>, we explored the obligation of the Board of Directors to initiate, of its own accord, a corporate lawsuit (art. 103, Law 4548\/2018), when the liability of members of the Board of Directors is established. We also looked into the filing of a corporate action by the Board of Directors, after the initiation of the relevant procedure by the minority or majority of the shareholders, when the former refuses or declines (art. 104). Here we will be concerned with the exercise of corporate action by the special representative designated for this purpose (art. 105).<\/p>\n

 <\/p>\n

Purpose Of Regulation<\/strong><\/p>\n

As explicitly stated in the Memorandum to Law 4548\/2018 on Article 105, this regulation “…supplements the regulation of Article 104…”. In fact, the arrangement for the appointment of a special representative is a necessary addition, in order to make the system of intra-company -internal responsibility of the Board of Directors effective (art. 102-108). More precisely, in order to make the process of initiating corporate action by the minority or the majority of shareholders effective.<\/p>\n

The provision of article 104 would, in a different case, risk becoming void if, as a necessary functional supplement, the regulation for the appointment of a special representative were to disappear. This, as the possibility of the minority or majority of shareholders to submit an application before the Board of Directors for the initiation of a corporate action, in the event of its inaction, would have no practical effect, if it were not provided for the possibility of pursuing, in the end, the corporate action by another body, when the Board of Directors again became inactive or weakened (for this reason: the subsidiary nature of the regulation of article 105 in relation to that of article 104).<\/p>\n

In any case, the specific arrangement aims at the effective pursuit of corporate claims and at avoiding serving the same interests\/strategies of any majority members of the Board of Directors. Ultimately, that is, the purpose of the legislator is to serve the interests of the SA and its satisfaction for any damage it suffered.<\/p>\n

 <\/p>\n

Characteristics Of The Provision<\/strong><\/p>\n

The procedure for the appointment of a special representative, provided for in the law, constitutes a form of “temporary administration” (art. 69 Civil Code and 786 Code of Civil Procedure). It is, however, distinguished from it as the special representative is charged with a specific and absolutely limited responsibility. It does not have, in any case, the fairly broad powers that, as a rule, the interim administration has. Nor does the appointment of a special representative result in the temporary suspension, substitution or abolition of the Board.<\/p>\n

The special representative is charged with the special and exclusive competence to exercise the corporate action. They are invited to represent the company for the needs of conducting the relevant trial against the (allegedly guilty) members of the Board of Directors until the issuance of an irrevocable court decision (189\/2018 Supreme Court, Nomos Legal Database). At the same time, however, the Board of Directors is not hindered, even minimally, in the exercise of administration, representation of the company and its other duties.<\/p>\n

Through the appointment of the special representative (as an ad hoc body) with the specific responsibilities, the judge intervenes in the sphere of autonomy of the SA. This intervention, however, is not only permissible but also reasonable. This, as the intervention in question is justified by the extraordinary and temporary nature of the measure in question.<\/p>\n

 <\/p>\n

Conditions for Appointment of Special Representative<\/strong><\/p>\n

In order to be able to apply for the appointment of a special representative, the law requires that one of the restrictively enumerated conditions be met. The strictness in question is justified by the fact that it is an ad hoc appointment of a company body and sidelining the, in principle, competent body (BoD) for the exercise of corporate action. It is therefore necessary to guarantee legal certainty.<\/p>\n

In particular, the submission of the relevant application can take place if:<\/p>\n

(a) the board of directors of the company rejects in whole or in part the application of the minority (of art. 104) for the exercise of a corporate lawsuit or<\/p>\n

(b) the reasonable deadline set by the minority shareholders with their application to the Board of Directors has passed (since the latter was unable to evaluate this application and decide on whether or not to pursue the corporate action) or<\/p>\n

(c) four (4) months have passed since the decision of the Board of Directors to initiate a corporate action (following the request of the minority), without the latter actually proceeding with the exercise of the action, or<\/p>\n

(d) the Board of Directors is unable, due to the impossibility of forming a quorum, to decide on the request of the minority (in case of, e.g., a conflict of interest<\/strong><\/a>) or<\/p>\n

(e) the Board of Directors does not “immediately” file the corporate lawsuit, even though the majority of the shareholders submitted a relevant application.<\/p>\n

 <\/p>\n

Who stands to bring such application<\/strong><\/p>\n

The application for the appointment of a special representative can be made, as can be concluded from the above mentioned, only by the company’s shareholders.<\/p>\n

Specifically, the legislator requires the filing of the application by the majority of the shareholders who submitted the request for the filing of the corporate action. In other words: since a written request has been submitted to the Board of Directors for the exercise of corporate action (art. 104 \u00a71), the discrete request for the appointment of a special representative must be made by the majority of the specific applicants. In other words, the so-called “majority of the minority” (obviously of equity and not of shareholders) is necessary.<\/p>\n

It is, therefore, impossible to determine, in advance, the percentage of the capital that is required for the filing of the application. The required percentage varies and is calculated on a case-by-case basis.<\/p>\n

 <\/p>\n

Competent Court & Procedure<\/strong><\/p>\n

The competent court to decide on the shareholders’ application for the appointment of a special representative is the Single-Member Court of First Instance of the company’s registered office (art. 3 \u00a71 and 105 \u00a71).<\/p>\n

The competent court will not deal, however, with the substance of the dispute. It decids, only, on the appointment or not of a special representative, who is going to sue (or not) those responsible for the damage to the consultants.<\/p>\n

The shareholders’ request is heard during \u2018ex parte\u2019 proceedings (art. 105 \u00a72) and is notified to the company and the member or members of the Board of Directors named in the request of article 104.<\/p>\n

Interventions (additional and main) before the court are also carried out with a statement in the minutes, in order to facilitate the possibility of the members of the Board of Directors or any other person with a legal interest (including of course the company itself) to present their views – especially regarding the corporate interest in the exercise or not of the corporate action (see Memorandum to law 4548\/2818 on article 105).<\/p>\n

 <\/p>\n

Application Deadline<\/strong><\/p>\n

The majority of shareholders who can submit the application for the appointment of a special representative are required to do so within two months. This deadline starts:<\/p>\n

(a) either by (according to section d, \u00a73 of article 104-in the law, section c is written by mistake) notification of the (even partially) negative decision of the Board of Directors for the filing of corporate action to the requesting shareholders,<\/p>\n

(b) or from the passing of the deadlines required for the Board to act (art. 105 \u00a71).<\/p>\n

 <\/p>\n

Application Details<\/strong><\/p>\n

The application for the appointment of a special representative (art. 105) constitutes a new application of the shareholders, addressed to the competent court. It should not be confused, therefore, with their application to the Board of Directors for the filing of corporate lawsuit (: art. 104). It is a given, however, that the latter should not only precede but also form part of that for the appointment of a special representative.<\/p>\n

The content of the application of article 105 (as also applies to the application of article 104) is not required to include the legal subordination of the respective facts. Applicants do not need to specify the extent and amount of the company’s claims either. Let us remember, as we have already mentioned, that the subject of the relevant trial is, exclusively, the appointment of a special representative and not the diagnosis of the company’s damage and its restoration.<\/p>\n

In any case, in order for the application for the appointment of a special representative to be considered admissible and valid, the shareholders must plead and prove, cumulatively, that: (a) they met the conditions for submitting the application for the appointment of a special representative to the Board of Directors and (b) they actually submitted the relevant application in a certain way. (c) The application did not lead to the filing of a corporate lawsuit by the Board of Directors (for one of the reasons exclusively mentioned in article 105 \u00a71, para. a\u0384-e\u0384). (d) Finally, how do they meet the legally necessary-variable percentage of capital, so that they are able to exercise the relevant application before the competent court (under article 105).<\/p>\n

 <\/p>\n

We should not consider it improbable that the Board will refuse or be inactive in exercising the claims of the SA against those of its members who may have harmed it. The shareholders (majority or, as the case may be, minority) are then entitled to apply to the competent court for the appointment of a special representative who will bring the said corporate lawsuit. However, special attention is required: the time frames are narrow and the conditions absolutely specific. The court will then be asked to make a decision regarding the specific appointment. About this, however, see our next article.<\/p>\n

\"\"<\/p>\n

Stavros Koumentakis<\/a>
\nManaging Partner<\/em><\/p>\n

The information contained in this article does not constitute (nor is it intended to constitute) legal advice. Such legal advice may only be provided by a qualified lawyer who has taken into account all the facts and circumstances of your particular case.<\/em> Read more<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

In a previous article, we explored the obligation of the Board of Directors to initiate, of its own accord, a corporate lawsuit (art. 103, Law 4548\/2018), when the liability of members of the Board of Directors is established. We also looked into the filing of a corporate action by the Board of Directors, after the […]<\/p>\n","protected":false},"author":5,"featured_media":48627,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[1270,1222,53,95,1265,110,112,1226,1225,1189,335,1267,1217,1191,1269],"class_list":["post-48626","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-appointment-of-special-representative","tag-board-member-liability","tag-board-of-directors","tag-conflict-of-interest","tag-corporate-claims","tag-corporate-governance","tag-corporate-interest","tag-corporate-lawsuit","tag-directors-liability","tag-greek-corporate-law","tag-law-4548-2018","tag-majority-shareholders","tag-minority-shareholders","tag-shareholder-rights","tag-special-representative"],"acf":[],"yoast_head":"\nAppointment of a Special Representative in an S.A.-KOUMENTAKIS<\/title>\n<meta name=\"description\" content=\"Appointment of a special representative in an S.A.: when shareholders may apply to court to pursue corporate claims against Board members.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/koumentakislaw.gr\/en\/articles\/board-member-liability-appointment-special-representative\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Appointment of a Special Representative in an S.A.-KOUMENTAKIS\" \/>\n<meta property=\"og:description\" content=\"Appointment of a special representative in an S.A.: when shareholders may apply to court to pursue corporate claims against Board members.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/koumentakislaw.gr\/en\/articles\/board-member-liability-appointment-special-representative\/\" \/>\n<meta property=\"og:site_name\" content=\"Koumentakis & Associates\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-11T09:30:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-28T06:48:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/koumentakislaw.gr\/wp-content\/uploads\/2023\/06\/Koumentakis-and-Associates-Eidikos-ekprosopos-Article-Stavros-Koumentakis-01-eng.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u03a3\u03c4\u03b1\u03cd\u03c1\u03bf\u03c2 \u039a\u03bf\u03c5\u03bc\u03b5\u03bd\u03c4\u03ac\u03ba\u03b7\u03c2\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stavros Koumentakis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"10 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/articles\\\/board-member-liability-appointment-special-representative\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/articles\\\/board-member-liability-appointment-special-representative\\\/\"},\"author\":{\"name\":\"\u03a3\u03c4\u03b1\u03cd\u03c1\u03bf\u03c2 \u039a\u03bf\u03c5\u03bc\u03b5\u03bd\u03c4\u03ac\u03ba\u03b7\u03c2\",\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/#\\\/schema\\\/person\\\/b79f628f61af179023579e7abf7f98c0\"},\"headline\":\"Responsibility of Board Members: Application for Appointment of Special Representative\",\"datePublished\":\"2023-06-11T09:30:46+00:00\",\"dateModified\":\"2026-08-28T06:48:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/articles\\\/board-member-liability-appointment-special-representative\\\/\"},\"wordCount\":1655,\"publisher\":{\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/articles\\\/board-member-liability-appointment-special-representative\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/koumentakislaw.gr\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/Koumentakis-and-Associates-Eidikos-ekprosopos-Article-Stavros-Koumentakis-01-eng.jpg\",\"keywords\":[\"Appointment of Special Representative\",\"Board Member Liability\",\"board of directors\",\"conflict of interest\",\"Corporate Claims\",\"corporate governance\",\"corporate interest\",\"Corporate Lawsuit\",\"Directors\u2019 Liability\",\"Greek Corporate Law\",\"Law 4548\\\/2018\",\"Majority Shareholders\",\"Minority Shareholders\",\"Shareholder Rights\",\"Special Representative\"],\"articleSection\":[\"Articles\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/articles\\\/board-member-liability-appointment-special-representative\\\/\",\"url\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/articles\\\/board-member-liability-appointment-special-representative\\\/\",\"name\":\"Appointment of a Special Representative in an S.A.-KOUMENTAKIS\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/articles\\\/board-member-liability-appointment-special-representative\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/articles\\\/board-member-liability-appointment-special-representative\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/koumentakislaw.gr\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/Koumentakis-and-Associates-Eidikos-ekprosopos-Article-Stavros-Koumentakis-01-eng.jpg\",\"datePublished\":\"2023-06-11T09:30:46+00:00\",\"dateModified\":\"2026-08-28T06:48:18+00:00\",\"description\":\"Appointment of a special representative in an S.A.: when shareholders may apply to court to pursue corporate claims against Board members.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/articles\\\/board-member-liability-appointment-special-representative\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/articles\\\/board-member-liability-appointment-special-representative\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/articles\\\/board-member-liability-appointment-special-representative\\\/#primaryimage\",\"url\":\"https:\\\/\\\/koumentakislaw.gr\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/Koumentakis-and-Associates-Eidikos-ekprosopos-Article-Stavros-Koumentakis-01-eng.jpg\",\"contentUrl\":\"https:\\\/\\\/koumentakislaw.gr\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/Koumentakis-and-Associates-Eidikos-ekprosopos-Article-Stavros-Koumentakis-01-eng.jpg\",\"width\":1920,\"height\":1080},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/articles\\\/board-member-liability-appointment-special-representative\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u0391\u03c1\u03c7\u03b9\u03ba\u03ae\",\"item\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Responsibility of Board Members: Application for Appointment of Special Representative\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/\",\"name\":\"\u039a\u039f\u03a5\u039c\u0395\u039d\u03a4\u0391\u039a\u0397\u03a3 & \u03a3\u03a5\u039d\u0395\u03a1\u0393\u0391\u03a4\u0395\u03a3 \u0394\u03b9\u03ba\u03b7\u03b3\u03bf\u03c1\u03b9\u03ba\u03ae \u0395\u03c4\u03b1\u03b9\u03c1\u03b5\u03af\u03b1\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/#organization\",\"name\":\"\u039a\u039f\u03a5\u039c\u0395\u039d\u03a4\u0391\u039a\u0397\u03a3 & \u03a3\u03a5\u039d\u0395\u03a1\u0393\u0391\u03a4\u0395\u03a3 \u0394\u03b9\u03ba\u03b7\u03b3\u03bf\u03c1\u03b9\u03ba\u03ae \u0395\u03c4\u03b1\u03b9\u03c1\u03b5\u03af\u03b1\",\"url\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/koumentakislaw.gr\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/KOUMENTAKIS-ASSOCIATES.svg\",\"contentUrl\":\"https:\\\/\\\/koumentakislaw.gr\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/KOUMENTAKIS-ASSOCIATES.svg\",\"caption\":\"\u039a\u039f\u03a5\u039c\u0395\u039d\u03a4\u0391\u039a\u0397\u03a3 & \u03a3\u03a5\u039d\u0395\u03a1\u0393\u0391\u03a4\u0395\u03a3 \u0394\u03b9\u03ba\u03b7\u03b3\u03bf\u03c1\u03b9\u03ba\u03ae \u0395\u03c4\u03b1\u03b9\u03c1\u03b5\u03af\u03b1\"},\"image\":{\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/#\\\/schema\\\/person\\\/b79f628f61af179023579e7abf7f98c0\",\"name\":\"\u03a3\u03c4\u03b1\u03cd\u03c1\u03bf\u03c2 \u039a\u03bf\u03c5\u03bc\u03b5\u03bd\u03c4\u03ac\u03ba\u03b7\u03c2\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/54d2ae0b1c284cc764f4a0f758e8333d1a47d6b2fc21b1c454f9964f907354ea?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/54d2ae0b1c284cc764f4a0f758e8333d1a47d6b2fc21b1c454f9964f907354ea?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/54d2ae0b1c284cc764f4a0f758e8333d1a47d6b2fc21b1c454f9964f907354ea?s=96&d=mm&r=g\",\"caption\":\"\u03a3\u03c4\u03b1\u03cd\u03c1\u03bf\u03c2 \u039a\u03bf\u03c5\u03bc\u03b5\u03bd\u03c4\u03ac\u03ba\u03b7\u03c2\"},\"url\":\"https:\\\/\\\/koumentakislaw.gr\\\/en\\\/author\\\/skoumentakis\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Appointment of a Special Representative in an S.A.-KOUMENTAKIS","description":"Appointment of a special representative in an S.A.: when shareholders may apply to court to pursue corporate claims against Board members.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/koumentakislaw.gr\/en\/articles\/board-member-liability-appointment-special-representative\/","og_locale":"en_US","og_type":"article","og_title":"Appointment of a Special Representative in an S.A.-KOUMENTAKIS","og_description":"Appointment of a special representative in an S.A.: when shareholders may apply to court to pursue corporate claims against Board members.","og_url":"https:\/\/koumentakislaw.gr\/en\/articles\/board-member-liability-appointment-special-representative\/","og_site_name":"Koumentakis & Associates","article_published_time":"2023-06-11T09:30:46+00:00","article_modified_time":"2026-08-28T06:48:18+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/koumentakislaw.gr\/wp-content\/uploads\/2023\/06\/Koumentakis-and-Associates-Eidikos-ekprosopos-Article-Stavros-Koumentakis-01-eng.jpg","type":"image\/jpeg"}],"author":"\u03a3\u03c4\u03b1\u03cd\u03c1\u03bf\u03c2 \u039a\u03bf\u03c5\u03bc\u03b5\u03bd\u03c4\u03ac\u03ba\u03b7\u03c2","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Stavros Koumentakis","Est. reading time":"10 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/koumentakislaw.gr\/en\/articles\/board-member-liability-appointment-special-representative\/#article","isPartOf":{"@id":"https:\/\/koumentakislaw.gr\/en\/articles\/board-member-liability-appointment-special-representative\/"},"author":{"name":"\u03a3\u03c4\u03b1\u03cd\u03c1\u03bf\u03c2 \u039a\u03bf\u03c5\u03bc\u03b5\u03bd\u03c4\u03ac\u03ba\u03b7\u03c2","@id":"https:\/\/koumentakislaw.gr\/en\/#\/schema\/person\/b79f628f61af179023579e7abf7f98c0"},"headline":"Responsibility of Board Members: Application for Appointment of Special Representative","datePublished":"2023-06-11T09:30:46+00:00","dateModified":"2026-08-28T06:48:18+00:00","mainEntityOfPage":{"@id":"https:\/\/koumentakislaw.gr\/en\/articles\/board-member-liability-appointment-special-representative\/"},"wordCount":1655,"publisher":{"@id":"https:\/\/koumentakislaw.gr\/en\/#organization"},"image":{"@id":"https:\/\/koumentakislaw.gr\/en\/articles\/board-member-liability-appointment-special-representative\/#primaryimage"},"thumbnailUrl":"https:\/\/koumentakislaw.gr\/wp-content\/uploads\/2023\/06\/Koumentakis-and-Associates-Eidikos-ekprosopos-Article-Stavros-Koumentakis-01-eng.jpg","keywords":["Appointment of Special Representative","Board Member Liability","board of directors","conflict of interest","Corporate Claims","corporate governance","corporate interest","Corporate Lawsuit","Directors\u2019 Liability","Greek Corporate Law","Law 4548\/2018","Majority Shareholders","Minority Shareholders","Shareholder Rights","Special Representative"],"articleSection":["Articles"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/koumentakislaw.gr\/en\/articles\/board-member-liability-appointment-special-representative\/","url":"https:\/\/koumentakislaw.gr\/en\/articles\/board-member-liability-appointment-special-representative\/","name":"Appointment of a Special Representative in an S.A.-KOUMENTAKIS","isPartOf":{"@id":"https:\/\/koumentakislaw.gr\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/koumentakislaw.gr\/en\/articles\/board-member-liability-appointment-special-representative\/#primaryimage"},"image":{"@id":"https:\/\/koumentakislaw.gr\/en\/articles\/board-member-liability-appointment-special-representative\/#primaryimage"},"thumbnailUrl":"https:\/\/koumentakislaw.gr\/wp-content\/uploads\/2023\/06\/Koumentakis-and-Associates-Eidikos-ekprosopos-Article-Stavros-Koumentakis-01-eng.jpg","datePublished":"2023-06-11T09:30:46+00:00","dateModified":"2026-08-28T06:48:18+00:00","description":"Appointment of a special representative in an S.A.: when shareholders may apply to court to pursue corporate claims against Board members.","breadcrumb":{"@id":"https:\/\/koumentakislaw.gr\/en\/articles\/board-member-liability-appointment-special-representative\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/koumentakislaw.gr\/en\/articles\/board-member-liability-appointment-special-representative\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/koumentakislaw.gr\/en\/articles\/board-member-liability-appointment-special-representative\/#primaryimage","url":"https:\/\/koumentakislaw.gr\/wp-content\/uploads\/2023\/06\/Koumentakis-and-Associates-Eidikos-ekprosopos-Article-Stavros-Koumentakis-01-eng.jpg","contentUrl":"https:\/\/koumentakislaw.gr\/wp-content\/uploads\/2023\/06\/Koumentakis-and-Associates-Eidikos-ekprosopos-Article-Stavros-Koumentakis-01-eng.jpg","width":1920,"height":1080},{"@type":"BreadcrumbList","@id":"https:\/\/koumentakislaw.gr\/en\/articles\/board-member-liability-appointment-special-representative\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u0391\u03c1\u03c7\u03b9\u03ba\u03ae","item":"https:\/\/koumentakislaw.gr\/en\/"},{"@type":"ListItem","position":2,"name":"Responsibility of Board Members: Application for Appointment of Special Representative"}]},{"@type":"WebSite","@id":"https:\/\/koumentakislaw.gr\/en\/#website","url":"https:\/\/koumentakislaw.gr\/en\/","name":"\u039a\u039f\u03a5\u039c\u0395\u039d\u03a4\u0391\u039a\u0397\u03a3 & \u03a3\u03a5\u039d\u0395\u03a1\u0393\u0391\u03a4\u0395\u03a3 \u0394\u03b9\u03ba\u03b7\u03b3\u03bf\u03c1\u03b9\u03ba\u03ae \u0395\u03c4\u03b1\u03b9\u03c1\u03b5\u03af\u03b1","description":"","publisher":{"@id":"https:\/\/koumentakislaw.gr\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/koumentakislaw.gr\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/koumentakislaw.gr\/en\/#organization","name":"\u039a\u039f\u03a5\u039c\u0395\u039d\u03a4\u0391\u039a\u0397\u03a3 & \u03a3\u03a5\u039d\u0395\u03a1\u0393\u0391\u03a4\u0395\u03a3 \u0394\u03b9\u03ba\u03b7\u03b3\u03bf\u03c1\u03b9\u03ba\u03ae \u0395\u03c4\u03b1\u03b9\u03c1\u03b5\u03af\u03b1","url":"https:\/\/koumentakislaw.gr\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/koumentakislaw.gr\/en\/#\/schema\/logo\/image\/","url":"https:\/\/koumentakislaw.gr\/wp-content\/uploads\/2026\/06\/KOUMENTAKIS-ASSOCIATES.svg","contentUrl":"https:\/\/koumentakislaw.gr\/wp-content\/uploads\/2026\/06\/KOUMENTAKIS-ASSOCIATES.svg","caption":"\u039a\u039f\u03a5\u039c\u0395\u039d\u03a4\u0391\u039a\u0397\u03a3 & \u03a3\u03a5\u039d\u0395\u03a1\u0393\u0391\u03a4\u0395\u03a3 \u0394\u03b9\u03ba\u03b7\u03b3\u03bf\u03c1\u03b9\u03ba\u03ae \u0395\u03c4\u03b1\u03b9\u03c1\u03b5\u03af\u03b1"},"image":{"@id":"https:\/\/koumentakislaw.gr\/en\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/koumentakislaw.gr\/en\/#\/schema\/person\/b79f628f61af179023579e7abf7f98c0","name":"\u03a3\u03c4\u03b1\u03cd\u03c1\u03bf\u03c2 \u039a\u03bf\u03c5\u03bc\u03b5\u03bd\u03c4\u03ac\u03ba\u03b7\u03c2","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/54d2ae0b1c284cc764f4a0f758e8333d1a47d6b2fc21b1c454f9964f907354ea?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/54d2ae0b1c284cc764f4a0f758e8333d1a47d6b2fc21b1c454f9964f907354ea?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/54d2ae0b1c284cc764f4a0f758e8333d1a47d6b2fc21b1c454f9964f907354ea?s=96&d=mm&r=g","caption":"\u03a3\u03c4\u03b1\u03cd\u03c1\u03bf\u03c2 \u039a\u03bf\u03c5\u03bc\u03b5\u03bd\u03c4\u03ac\u03ba\u03b7\u03c2"},"url":"https:\/\/koumentakislaw.gr\/en\/author\/skoumentakis\/"}]}},"_links":{"self":[{"href":"https:\/\/koumentakislaw.gr\/en\/wp-json\/wp\/v2\/posts\/48626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/koumentakislaw.gr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/koumentakislaw.gr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/koumentakislaw.gr\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/koumentakislaw.gr\/en\/wp-json\/wp\/v2\/comments?post=48626"}],"version-history":[{"count":3,"href":"https:\/\/koumentakislaw.gr\/en\/wp-json\/wp\/v2\/posts\/48626\/revisions"}],"predecessor-version":[{"id":48692,"href":"https:\/\/koumentakislaw.gr\/en\/wp-json\/wp\/v2\/posts\/48626\/revisions\/48692"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/koumentakislaw.gr\/en\/wp-json\/wp\/v2\/media\/48627"}],"wp:attachment":[{"href":"https:\/\/koumentakislaw.gr\/en\/wp-json\/wp\/v2\/media?parent=48626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/koumentakislaw.gr\/en\/wp-json\/wp\/v2\/categories?post=48626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/koumentakislaw.gr\/en\/wp-json\/wp\/v2\/tags?post=48626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}