The Omani commercial law put clear rules on the limited liability companies that they have to form a management for the company. This management has to have the enough knowledge to lead the company and handle its issues. In addition, the managing of the company should be entrusted to one or more than one director. All of these terms and situations has been included and listed in article 34 of the Omani commercial rule and it figuratively and literally states that "… management shall be entrusted to one or more managers who shall be natural persons and who may be partners or non-partners."
In fact, not all the companies have the same types of management. The management types can be shortly mentioned …show more content…
For instance, some companies have three types of the previous mentioned management. Some of them, on the other hand, may have one or two. In regard to Special Technical Services Company, it has one type only of management; which is direct management. The reason might be because this company's board of committee and board of directors are in one of the company's founders' company. In Special Technical Services Company the name of the managers is not mentioned, and it is one of the company's rights to keep the names of its managers and to not announce them. Yet, the company's management should always remember that it should have a list of its managers with their details. This had been literally mentioned and figured in the commercial laws under article 141 which states that "… The Limited Liability Company will save a …show more content…
Their knowledge in the fields they are managing is recommended and it has previously been identified and termed. All the managers should, based on the commercial law, have the required experience that would allow them to practice smoothly and easily in their fields. Not only that, yet the selected managers can act as direct managers because they have been selected in order to represent them and in order to do the necessary thing when it is needed. The owners of the company can give them the authority to lead, deal with issues and handle disputes as well. Based on their knowledge, they can also have a decision on choosing whom exactly they want to work under them and in the company as well. These managers can be one of two; either partners who wish to take apart in managing and leading the company, or non-partners whom have been chosen by board of directors to represent