In a public limited company, the auditor may, by hand-delivered letter against a receipt or by
registered letter with a request for acknowledgement of receipt, ask for explanations from the
chairman of the board of directors, the chairman and managing director or managing director,
as the case may be, who shall be bound to reply under the conditions and within the time limits
set forth in Article 154 below, on any matter likely to jeopardize the continued operation of the
company and which the auditor noticed while examining documents forwarded to him or those
to which he had access in the course of performing his duties.
Official translation
Spot-checked
In force from 17 April 1997
Source page 42