How to manage and censorship a public joint-stock company in accordance with the Bahraini Companies Law No. 21 of 2021

Abstract

Commercial companies legally considered in the Kingdom of Bahrain and designated as six
forms, and these forms are related to public order in the sense that if they are formed in other
forms, they are considered invalid, and these companies are so-called money companies and
others are called companies of persons. Through this research, we will address themost important
money company, the Public Joint Stock Company, for its importance to the country's economy
and its inclusion in one of the largest and largest projects in our kingdom.
Joint-stock companies are the company whose capital is divided into equal shares and the shares
are subject to public offering in the case of a public shareholder company or closed subscription
limited to a certain number or category of people in the case of a closed joint-stock company.
Therefore, this company has an auditor and inspectors from the procedures it performs and must
be informed of matters related to the audit available to the auditor, where he must be aware of all
the requirements of the audit rules and the auditor must take into account this rule in advance and
there is a tape for their appointment, and the conditions that they must have and isolate them and
their duties, powers, and responsibilities.
The subject of raqqa research on management is the public joint stock companies from the
perspective of the Bahraini legislator, and enables the problem through this research will be
clarified who is represented by the administration and who has the right to manage and
procedural conditions to form that administration and to show its money rights, duties and
responsibilities. Many important economic institutions do not have an effective oversight tool,
and if they do, they are not followed by the attention that qualifies them to perform their
effective function. The descriptive approach was sold in the research paper, in a statement of
what the Bahraini legislator followed in the management of the company contributing to the
explanation and clarification of these articles and the statement of some of the judicial rulings.