gestione occulta

English translation: hidden management

11:05 Jan 20, 2021

Italian to English translations [PRO]
Bus/Financial - Business/Commerce (general) / gestione occulta di una società, l'amministratore di fatto

Italian term or phrase: gestione occulta

Si fa riferimento ai soggetti che, pur non figurando tra i membri sociali, gestiscono di fatto una società a dispetto degli amministratori (prestanome o teste di legno).

Roma

English translation:hidden management

Explanation:
It's about hidden or concealed business management. It refers to the subject that although it does not appear among the company members, they manage a business society in spite of the administrative figureheads, leaders or those less intelligent.

Selected response from:

Lisa Rosengard
United Kingdom
Local time: 23:03

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Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer

Summary of answers provided

3 +2

hidden management

Lisa Rosengard

Summary of reference entries provided

Companies Act 2006, section 251

Mark Robertson

Discussion entries: 2

Answers

53 mins confidence:

peer agreement (net): +2

hidden management

'Si tratta della gestione occulta di una società. Si rifere al soggetto che subbene non figurarano i membri della società, loro gestiscono la società a dispetto degli prestanomi o degli capi invece degli meno intelligenti.'

Lisa Rosengard
United Kingdom
Local time: 23:03
Native speaker of: English
PRO pts in category: 4

Grading comment

Selected automatically based on peer agreement.

Reference comments

48 mins peer agreement (net): +2

Reference: Companies Act 2006, section 251

Reference information:
“Shadow director”
In the Companies Acts “shadow director”, in relation to a company, means a person in accordance with whose directions or instructions the directors of the company are accustomed to act.

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Note added at 2 hrs (2021-01-20 13:35:59 GMT)
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De facto directors
A de facto director (meaning a director in fact or in reality) is someone who has not been properly appointed and notified to Companies House as a director but who nevertheless acts as a director and holds themselves out to third parties as a director. Sometimes (but not always) they will have the word ‘director’ as part of a job title.

The de facto director will usually carry out all the duties of a director and can make the decisions of a director, sign company documents and be treated as a director by de jure directors. It is the role assumed by the individual, rather than the title used that determines whether an individual is a director or not.

The de facto director is also subject to the same legal duties, responsibilities and potential liabilities as de jure directors and will be treated as such by the courts in the case of a dispute.

https://www.iod.com/news/news/articles/De-facto-directors-an...

https://www.legislation.gov.uk/ukpga/2006/46/section/251

Mark Robertson
Native speaker of:

English

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gestione occulta

English translation: hidden management

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