The board has been assigned various duties in the Limited Liability Companies Act, such as appointing, dismissing and supervising the CEO, and organising meetings whenever necessary. The board is specifically responsible for ensuring the interests of the company’s creditors. In addition to specific duties of the board, the Limited Liability Companies Act confers the board general judicial powers to take care of the company’s management and appropriate organisation of its operations. The content of the general judicial power is impossible to define accurately, because it has been deliberately described in general terms as companies vary from each other. However, the scope of these powers can be described to cover such duties that have not been specifically assigned to any other body. These include, but are not limited to, representation of the company, organising the company’s operations and supervision, and ensuring the appropriate operation of the company.