English to Arabic Law/Patents Law: Contract(s)

Adoption of the annual accounts. Discharge. Publication.
Article 20.
1. The general meeting adopts the annual accounts. The management board adopts the management report.
2. Adoption of the annual accounts does not discharge a managing director. By separate resolution the general meeting can discharge a managing director for the management conducted in the financial year in question, insofar as that management is apparent from the annual accounts or otherwise has been disclosed to the general meeting.
3. If all the shareholders are also managing directors, signing of the annual accounts by all the managing directors does not serve as adoption of the annual accounts.
4. Unless a lawful exemption applies, the company is required to publish its annual accounts within eight (8) days after their adoption.