Corporate Governance · glossary

Recall

Taking a product back from shops and from the customers who bought it. Any recall or withdrawal is a Matter Reserved (Schedule A, item 17), so only the board decides it. Brackenholme's board recalled three batches after a listeria result, at a cost of £2,400,000. Schedule A, item 17 · Charter §9.5 · Chapter 8

Explained in Chapter 8, The Recall, of Corporate Governance.

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