[Bills in Focus] Disclosure of EV battery manufacturer info, national power grid expansion
PoliticsSept 2, 2024
Proposed Bill: Partial Amendment to the Commercial Act Proposed by Rep. Park Sang-hyuk (Democratic Party of Korea) ● Although corporate directors have a duty of loyalty toward their company, they have no legal obligations toward their shareholders. Therefore, to protect shareholders from the decisions of directors, this bill imposes a duty of fairness on directors. Proposed Bill: Partial Amendment to the Motor Vehicle Management Act Proposed by Rep. Han Jeoung-ae (Democratic Party of Korea) ●