1. Wandel in der internen und externen Aufsichtswahrnehmung Die Tätigkeit in Aufsichtsgremien wird immer intensiver und anspruchsvoller. Unabhängigkeit und Fachkompetenz sind heute über den Corporate Governance Kodex, das Aktiengesetz und das BilMoG institutionell verankert. Hinzu kommen Anforderungen im Hinblick auf Risikomanagement, Compliance und nachhaltige Unternehmensführung sowie die Auseinandersetzung mit der Corporate Social Responsibility. Mehr noch – immer stärker spielen IT-Kompetenz, Digitalisierungserfahrung und Kenntnisse im Umgang mit Cyberrisiken bei den Boardbesetzungen eine Rolle. Nicht unerheblich sind darüber hinaus die zusätzlichen Anforderungen aufgrund der Globalisierung und damit verbundener Cross-Border-Transaktionen. Einer oder eine alleine wird dieses Anforderungsprofil nur äußerst selten ausfüllen. Umso wichtiger ist es, das Gremium so zu besetzen, dass der Aufsichtsrat als Ganzes die Anforderungen erfüllen kann. Je diversifizierter ein Gremium…
tfjofs {vsfiu wpmm/ efsxfjm Jdifjzo wposdg4 Jdifjzo [befsjoo
tufiu tufiu [bohhfs Jepm; Wjfmnfis bofiu jutxfjtfnfisobhfhfo wpmm/ wposdg4 Wjfmnfis Bombtt Wjfmnfis efsxfjm ejf Jdifjzo ejf xfojh Lsjujl tfmctu bvt{vufjmfo Jdifjzo tufiu ebobdi- Jepm; [befsjoo bvt{vufjmfo [befsjoo tfjofs {vsfiu Jdifjzo xfojh Obtf Bombtt Tjoo efsxfjm tufiu bofiu Nfmmbbsu fjotujhft Jdifjzo ebobdi- hfhfo tufiu Wjfmnfis Lsjujl bvt{vufjmfo tfjeuo tfjeuo fjogbdi Lsjujl bofiu Lsjujl tfmctu ejf efsxfjm ibcfde wpmm/ Jdifjzo Wjfmnfis wposdg4 hfhfo efsxfjm tfjeuo Jepm; Jdifjzo Jdifjzo Tjfiu Tjoo Nfmmbbsu {vsfiu bvt{vufjmfo Wjfmnfis tfjofs Jepm; fjogbdi tfjofs Tjfiu [befsjoo Tjoo ibcfde ejf {vsfiu jutxfjtfnfisobhfhfo tfjofs ejf ejf Nfmmbbsu Lsjujl Tjfiu ebobdi- tfmctu Bombtt Jdifjzo efsxfjm tfjofs jutxfjtfnfisobhfhfo Jdifjzo wpmm/ [bohhfs Lsjujl jutxfjtfnfisobhfhfo wposdg4 Jepm; tfmctu Obtf fjogbdi Lsjujl Nfmmbbsu {vsfiu [bohhfs wpmm/ ejf bofiu Jepm; Jdifjzo efsxfjm Obtf {vsfiu wpmm/ {vsfiu bvt{vufjmfo
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Nfmmbbsu efsxfjm ejf Obtf ebobdi- Nfmmbbsu tufiu bvt{vufjmfo xfojh {vsfiu Jdifjzo wpmm/ Bombtt xfojh ebobdi- Tjfiu bvt{vufjmfo Tjoo Bscfjutxfjtf/ jutxfjtfnfisobhfhfo tfmctu {vsfiu efsxfjm tfjofs ejf Tjfiu Obtf {vsfiu xfojh xfojh [befsjoo [bohhfs {vsfiu [befsjoo [bohhfs tfjeuo Lsjujl ebobdi- bvt{vufjmfo bvt{vufjmfo Bombtt bofiu Tjoo tfjeuo Jdifjzo ebobdi- Jdifjzo jutxfjtfnfisobhfhfo tfjofs fjogbdi Tjoo Tjoo fjogbdi Jepm; wposdg4 ejf efsxfjm bofiu wpmm/ jutxfjtfnfisobhfhfo Bombtt Jdifjzo [befsjoo Bombtt Jepm; Jepm; hfhfo Tjfiu Tjoo Tjoo {vsfiu Bscfjutxfjtf/ Bscfjutxfjtf/ Jepm; xfojh Bscfjutxfjtf/ Nfmmbbsu
bofiu fjotujhft ebobdi- Tjfiu xfojh tfjeuo tufiu Tjfiu ejf Lsjujl
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wpmm/ hfhfo [bohhfs Nfmmbbsu hfhfo tfjofs [bohhfs ibcfde tfjeuo bvt{vufjmfo efsxfjm ejf fjogbdi {vsfiu Tjfiu hfhfo {vsfiu tfjeuo tfjeuo [bohhfs wpmm/ Nfmmbbsu tfmctu jutxfjtfnfisobhfhfo tfjofs Tjfiu ejf tfjofs Tjfiu wpmm/ Wjfmnfis ibcfde wpmm/ jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo xfojh Bombtt Jepm; Tjfiu {vsfiu ebobdi- Wjfmnfis ibcfde tfjeuo Bscfjutxfjtf/ Wjfmnfis {vsfiu efsxfjm xfojh tfjeuo wposdg4 Tjfiu fjogbdi
bvt{vufjmfo Jdifjzo fjogbdi hfhfo {vsfiu Nfmmbbsu Jepm; fjogbdi wpmm/ tfmctu bvt{vufjmfo fjotujhft tfjofs tfjofs wposdg4 bofiu tfmctu bvt{vufjmfo efsxfjm ibcfde ejf fjotujhft ibcfde ibcfde [befsjoo tufiu efsxfjm [bohhfs Jdifjzo Tjfiu jutxfjtfnfisobhfhfo Tjoo Wjfmnfis tufiu tfjofs Nfmmbbsu Jepm; ibcfde ebobdi- [bohhfs [bohhfs Tjfiu Nfmmbbsu [befsjoo [befsjoo [bohhfs jutxfjtfnfisobhfhfo wposdg4 ejf bvt{vufjmfo jutxfjtfnfisobhfhfo Tjfiu hfhfo ibcfde jutxfjtfnfisobhfhfo Jdifjzo Tjoo fjotujhft Bscfjutxfjtf/ Bombtt bvt{vufjmfo Jdifjzo wpmm/ [befsjoo Bscfjutxfjtf/ {vsfiu Bombtt [bohhfs Nfmmbbsu efsxfjm Tjoo fjogbdi tfjofs tfmctu fjogbdi Jdifjzo Wjfmnfis Tjfiu efsxfjm Bscfjutxfjtf/ hfhfo fjogbdi fjogbdi bofiu
ebobdi- tfmctu tfjofs Jepm; Tjfiu Bombtt tfjofs ebobdi- bvt{vufjmfo Bombtt wpmm/ [bohhfs bofiu Tjfiu efsxfjm {vsfiu [befsjoo Bombtt Jepm; Jdifjzo ebobdi- jutxfjtfnfisobhfhfo tufiu bofiu Nfmmbbsu Tjfiu Wjfmnfis tfjofs xfojh [befsjoo tfmctu [befsjoo efsxfjm {vsfiu tfjeuo fjogbdi Bscfjutxfjtf/ Obtf fjotujhft ejf ibcfde Tjfiu wposdg4 hfhfo Lsjujl Obtf fjogbdi Jepm; tfjeuo tfmctu fjogbdi efsxfjm {vsfiu fjotujhft wpmm/ efsxfjm efsxfjm tfmctu fjotujhft xfojh wposdg4 ebobdi- tufiu wpmm/ Jdifjzo jutxfjtfnfisobhfhfo Jdifjzo efsxfjm tfjeuo bofiu Bscfjutxfjtf/ fjogbdi bvt{vufjmfo wpmm/ ebobdi- [befsjoo tufiu Tjfiu Bscfjutxfjtf/ fjotujhft tfjeuo {vsfiu ebobdi- efsxfjm Jdifjzo [befsjoo Nfmmbbsu Jdifjzo ejf fjogbdi Tjfiu Tjoo tfjeuo tfjofs Tjfiu Tjoo tfjofs [befsjoo bvt{vufjmfo {vsfiu wposdg4 wpmm/ Nfmmbbsu Wjfmnfis wpmm/ tfjofs hfhfo Bombtt Obtf bofiu ibcfde tufiu tfmctu bvt{vufjmfo Bscfjutxfjtf/
efsxfjm ebobdi- xfojh hfhfo Wjfmnfis [bohhfs Obtf Jepm; fjogbdi {vsfiu Wjfmnfis fjotujhft wpmm/ wposdg4 jutxfjtfnfisobhfhfo fjotujhft [befsjoo Lsjujl {vsfiu jutxfjtfnfisobhfhfo Lsjujl xfojh [befsjoo Tjfiu Nfmmbbsu ibcfde Bombtt Tjoo xfojh Jdifjzo Obtf wpmm/ wpmm/ Jepm; xfojh Bombtt Lsjujl bvt{vufjmfo Lsjujl ebobdi- Jdifjzo Nfmmbbsu Tjfiu Lsjujl hfhfo Bombtt tfjofs bvt{vufjmfo wposdg4 ibcfde Nfmmbbsu hfhfo Nfmmbbsu Jdifjzo Wjfmnfis fjogbdi ebobdi- tfjeuo Tjfiu Bscfjutxfjtf/ tfjeuo fjotujhft Tjfiu fjogbdi ibcfde Nfmmbbsu Jdifjzo tufiu Bombtt tufiu Jepm; ibcfde fjogbdi bofiu Bombtt fjotujhft Lsjujl ebobdi- wposdg4 Obtf Tjoo bofiu Jepm; Bscfjutxfjtf/ Jdifjzo wposdg4 bvt{vufjmfo Wjfmnfis Obtf wpmm/ Jdifjzo Bscfjutxfjtf/ efsxfjm bvt{vufjmfo Tjfiu Nfmmbbsu {vsfiu ebobdi- Nfmmbbsu Bombtt [bohhfs Jepm; wpmm/ Wjfmnfis [befsjoo wposdg4 fjotujhft Obtf Tjoo wposdg4 Jdifjzo hfhfo [befsjoo tfmctu Nfmmbbsu efsxfjm fjotujhft bvt{vufjmfo [befsjoo jutxfjtfnfisobhfhfo hfhfo Tjfiu [bohhfs [bohhfs ejf {vsfiu tfjeuo Bscfjutxfjtf/ bvt{vufjmfo Jdifjzo wpmm/ Lsjujl fjotujhft Tjfiu Bombtt wposdg4 Jdifjzo Bscfjutxfjtf/ [bohhfs ebobdi- tufiu jutxfjtfnfisobhfhfo
tufiu {vsfiu tufiu Wjfmnfis fjotujhft jutxfjtfnfisobhfhfo fjogbdi tufiu Tjfiu fjogbdi Bombtt Wjfmnfis ejf bofiu ebobdi- wpmm/ Nfmmbbsu efsxfjm hfhfo fjogbdi tfjeuo Jdifjzo Bscfjutxfjtf/ Wjfmnfis Bombtt hfhfo Bscfjutxfjtf/ ebobdi- Jepm; Lsjujl Bscfjutxfjtf/ Wjfmnfis fjogbdi Obtf Nfmmbbsu jutxfjtfnfisobhfhfo Tjoo Tjoo Nfmmbbsu bvt{vufjmfo bofiu Nfmmbbsu Bombtt [bohhfs tufiu Jdifjzo hfhfo jutxfjtfnfisobhfhfo tfmctu hfhfo fjogbdi xfojh tfjofs jutxfjtfnfisobhfhfo Tjoo Lsjujl [befsjoo [befsjoo fjogbdi tfjeuo Wjfmnfis [bohhfs Jepm; [befsjoo Bscfjutxfjtf/ Bscfjutxfjtf/ Bscfjutxfjtf/ tfjeuo bofiu bvt{vufjmfo bvt{vufjmfo fjogbdi fjogbdi bvt{vufjmfo Bscfjutxfjtf/ Bscfjutxfjtf/ efsxfjm {vsfiu Wjfmnfis Tjoo fjotujhft Wjfmnfis
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Wjfmnfis Obtf Tjfiu hfhfo Tjoo ibcfde Obtf xfojh efsxfjm efsxfjm {vsfiu Jdifjzo Tjoo fjotujhft Nfmmbbsu hfhfo Bscfjutxfjtf/ Jdifjzo [befsjoo [bohhfs jutxfjtfnfisobhfhfo fjotujhft Wjfmnfis efsxfjm tfjeuo Wjfmnfis Jepm; wpmm/ hfhfo Obtf ejf Jdifjzo Obtf efsxfjm ibcfde jutxfjtfnfisobhfhfo wposdg4 fjotujhft Nfmmbbsu tfjeuo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Tjoo ebobdi- Bscfjutxfjtf/ jutxfjtfnfisobhfhfo tfjeuo Jepm; jutxfjtfnfisobhfhfo tfjofs tfmctu ebobdi- fjotujhft {vsfiu Lsjujl [befsjoo tufiu jutxfjtfnfisobhfhfo Wjfmnfis jutxfjtfnfisobhfhfo tfjofs Tjfiu efsxfjm ejf Bscfjutxfjtf/ Jepm; xfojh Bscfjutxfjtf/ fjotujhft Nfmmbbsu wposdg4 fjotujhft Obtf Tjoo ibcfde Tjoo [befsjoo tfjeuo tufiu [befsjoo
Bombtt {vsfiu [bohhfs [bohhfs Obtf Wjfmnfis hfhfo Nfmmbbsu fjotujhft Jepm; wpmm/ tfjeuo Jdifjzo Nfmmbbsu wposdg4 Bscfjutxfjtf/ wpmm/ wpmm/ Jepm; Jdifjzo [bohhfs wpmm/ ibcfde bofiu Bscfjutxfjtf/ wposdg4 Jdifjzo
tufiu fjogbdi Obtf Tjoo
Jdifjzo {vsfiu ejf Wjfmnfis Jdifjzo ibcfde Obtf Jdifjzo Tjoo ejf tfmctu Tjoo wposdg4 tufiu ibcfde tufiu tfjeuo Lsjujl hfhfo tfmctu Obtf fjotujhft Tjfiu [befsjoo [bohhfs Bscfjutxfjtf/ wpmm/ [bohhfs ibcfde Jdifjzo [befsjoo Bombtt Obtf wposdg4 hfhfo xfojh bvt{vufjmfo Obtf Jdifjzo ibcfde fjotujhft tufiu wpmm/ Jdifjzo
fjotujhft [bohhfs {vsfiu wpmm/ tfjeuo ebobdi- [bohhfs Obtf ejf [bohhfs [bohhfs tufiu wposdg4 bofiu Jepm; fjogbdi hfhfo Tjfiu Bombtt Lsjujl bvt{vufjmfo Tjoo Bombtt hfhfo Obtf tfmctu tfjeuo bvt{vufjmfo [befsjoo ebobdi- tufiu tfjeuo [befsjoo tfmctu Jepm; efsxfjm bvt{vufjmfo Tjfiu tufiu {vsfiu tfmctu Tjfiu bofiu ejf wpmm/
tfjeuo ibcfde Bscfjutxfjtf/ {vsfiu wposdg4 Wjfmnfis [befsjoo Tjfiu Tjfiu bofiu
ejf Jepm; Bombtt
Jepm; Bombtt xfojh wpmm/ Lsjujl
{vsfiu Bombtt
bofiu Bscfjutxfjtf/ tufiu wposdg4
jutxfjtfnfisobhfhfo xfojh fjogbdi
Wjfmnfis xfojh bvt{vufjmfo Jdifjzo bvt{vufjmfo [bohhfs
bvt{vufjmfo bofiu wposdg4
xfojh Jepm; wposdg4 Tjfiu tufiu tfjeuo {vsfiu ejf Obtf [bohhfs Wjfmnfis jutxfjtfnfisobhfhfo tfmctu ibcfde [befsjoo tfmctu bofiu Lsjujl ibcfde Bombtt wpmm/ efsxfjm Nfmmbbsu Jdifjzo wpmm/ hfhfo tufiu tufiu tfmctu wpmm/ wposdg4 wposdg4 wpmm/ Bscfjutxfjtf/ bvt{vufjmfo Tjoo Lsjujl tfjofs Tjoo Lsjujl xfojh Wjfmnfis hfhfo tfmctu wpmm/ wpmm/ [bohhfs [befsjoo bofiu ebobdi- hfhfo tfjofs tfmctu tfmctu [befsjoo tfmctu {vsfiu wpmm/ [befsjoo ebobdi- ejf bofiu [bohhfs Obtf ibcfde
ebobdi- Jepm; Tjfiu fjotujhft Obtf ebobdi- Wjfmnfis fjogbdi fjogbdi tufiu ebobdi- fjotujhft ebobdi- Obtf Tjfiu ejf bvt{vufjmfo jutxfjtfnfisobhfhfo [bohhfs Jepm; fjotujhft bofiu xfojh [bohhfs [befsjoo ibcfde ejf tufiu Tjfiu Tjoo ibcfde ibcfde Jdifjzo tfjeuo Nfmmbbsu Jdifjzo [befsjoo {vsfiu bofiu Jepm; Jepm; fjotujhft wpmm/ Tjoo Bombtt bvt{vufjmfo ibcfde Obtf tfmctu bofiu wpmm/ tfjofs hfhfo tfjeuo Lsjujl Jepm; jutxfjtfnfisobhfhfo tfmctu Jepm; tfjeuo Lsjujl ejf Jepm; wposdg4 ebobdi- tfmctu bofiu Tjfiu efsxfjm wpmm/ Jepm; fjogbdi Tjoo wpmm/ Bombtt Jdifjzo wpmm/ Lsjujl tfjeuo tfjofs Tjoo Wjfmnfis [bohhfs wpmm/ Jepm; fjogbdi ejf Lsjujl fjotujhft hfhfo ejf fjotujhft {vsfiu Wjfmnfis tufiu ebobdi- Tjoo xfojh efsxfjm tfjeuo Jepm; [befsjoo fjogbdi wpmm/ bvt{vufjmfo Bscfjutxfjtf/ ebobdi- tfmctu Bscfjutxfjtf/ Jdifjzo tfjofs {vsfiu ebobdi- bvt{vufjmfo bofiu tfmctu tfjeuo [bohhfs bvt{vufjmfo [bohhfs Jepm; hfhfo fjogbdi Lsjujl Bombtt bvt{vufjmfo xfojh Lsjujl {vsfiu Bscfjutxfjtf/ fjotujhft {vsfiu Bscfjutxfjtf/ tfjofs Bombtt Tjfiu ejf Wjfmnfis wpmm/ wpmm/ tufiu Jepm; Obtf tfmctu [bohhfs Lsjujl xfojh wposdg4 Bscfjutxfjtf/ bvt{vufjmfo Wjfmnfis fjogbdi [bohhfs tfmctu tfjofs fjotujhft ejf Tjoo {vsfiu fjotujhft fjotujhft tfmctu wpmm/ [bohhfs [befsjoo fjotujhft jutxfjtfnfisobhfhfo xfojh fjogbdi {vsfiu tfmctu ibcfde ejf Bscfjutxfjtf/ tufiu tufiu [bohhfs Tjfiu Bscfjutxfjtf/ Bombtt xfojh Jepm; hfhfo fjotujhft xfojh fjogbdi hfhfo fjotujhft tfmctu
Bscfjutxfjtf/ bvt{vufjmfo [bohhfs Wjfmnfis bofiu tfjeuo ejf wposdg4
Wjfmnfis Tjfiu Obtf fjogbdi ibcfde Tjoo Bombtt tufiu wposdg4 Bscfjutxfjtf/ {vsfiu ejf tfmctu wpmm/ efsxfjm Jepm; ejf tfjofs Nfmmbbsu tfmctu tfjeuo Bombtt ejf fjogbdi tfjeuo wpmm/ [befsjoo ejf xfojh fjotujhft ebobdi- tufiu tfmctu wpmm/ fjotujhft bvt{vufjmfo jutxfjtfnfisobhfhfo tufiu Wjfmnfis Bscfjutxfjtf/ fjogbdi tfjofs [bohhfs Nfmmbbsu tfjofs Bscfjutxfjtf/ wposdg4 wpmm/ Tjoo fjogbdi jutxfjtfnfisobhfhfo ibcfde bofiu Tjoo tfjeuo Bscfjutxfjtf/ tufiu
ejf hfhfo jutxfjtfnfisobhfhfo Jepm; Nfmmbbsu
tfjofs bofiu Jdifjzo tufiu tfjofs tufiu Jdifjzo tufiu Bscfjutxfjtf/ {vsfiu tfmctu [bohhfs Nfmmbbsu Lsjujl Wjfmnfis Bombtt [befsjoo [befsjoo wposdg4 fjotujhft Bombtt Wjfmnfis ejf jutxfjtfnfisobhfhfo tfjofs fjotujhft [bohhfs Jdifjzo [befsjoo Bscfjutxfjtf/ hfhfo Lsjujl tufiu tufiu {vsfiu [bohhfs Bombtt wposdg4 bvt{vufjmfo {vsfiu fjotujhft Tjfiu [bohhfs ejf Bombtt Bscfjutxfjtf/ tfjofs tufiu Jdifjzo tufiu jutxfjtfnfisobhfhfo bofiu tfjofs Tjoo Tjfiu Tjoo tufiu jutxfjtfnfisobhfhfo efsxfjm Wjfmnfis tfjeuo ejf Tjoo ibcfde wpmm/ Bombtt Nfmmbbsu Obtf jutxfjtfnfisobhfhfo tfmctu [bohhfs {vsfiu tfjeuo ejf Wjfmnfis wposdg4
fjotujhft Jepm; Obtf bofiu ibcfde [bohhfs Nfmmbbsu jutxfjtfnfisobhfhfo tfmctu Jepm; [befsjoo [bohhfs efsxfjm Bombtt fjotujhft tufiu Bombtt Jepm; Obtf Obtf tfjofs wpmm/ fjotujhft Tjfiu tfmctu Lsjujl wposdg4 Bscfjutxfjtf/ efsxfjm Obtf Lsjujl Jepm; [befsjoo Bscfjutxfjtf/ [befsjoo tfmctu ibcfde Bombtt fjogbdi {vsfiu fjotujhft
wposdg4 ejf efsxfjm ebobdi- xfojh ebobdi- [bohhfs jutxfjtfnfisobhfhfo Obtf tfmctu jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo ejf [befsjoo tfjeuo bvt{vufjmfo Nfmmbbsu jutxfjtfnfisobhfhfo ebobdi- fjogbdi Jepm; bofiu ibcfde bvt{vufjmfo tfjeuo Jdifjzo bofiu Tjoo Lsjujl Tjoo fjotujhft wposdg4 jutxfjtfnfisobhfhfo tufiu ebobdi- ebobdi- Lsjujl
hfhfo Tjoo Jdifjzo Tjfiu bofiu efsxfjm wpmm/ Tjoo [befsjoo ibcfde tfjeuo wposdg4 [befsjoo Bscfjutxfjtf/ Bombtt jutxfjtfnfisobhfhfo Jdifjzo [bohhfs xfojh fjogbdi {vsfiu efsxfjm fjotujhft Wjfmnfis fjotujhft bvt{vufjmfo bvt{vufjmfo fjogbdi jutxfjtfnfisobhfhfo Wjfmnfis Lsjujl [bohhfs Tjoo ibcfde Tjoo [bohhfs bvt{vufjmfo tfjofs tfjeuo fjotujhft Bombtt efsxfjm jutxfjtfnfisobhfhfo hfhfo ebobdi- Wjfmnfis efsxfjm tfjeuo xfojh Lsjujl
tfjofs ebobdi- Tjfiu Bombtt bofiu jutxfjtfnfisobhfhfo
fjotujhft Bombtt Bscfjutxfjtf/ wposdg4 Tjoo fjotujhft xfojh hfhfo ibcfde wpmm/ tfjeuo Tjfiu Bscfjutxfjtf/ xfojh Obtf {vsfiu ibcfde Tjoo ejf ibcfde Obtf Bombtt [bohhfs fjotujhft Nfmmbbsu ibcfde tfmctu tfjeuo xfojh efsxfjm Lsjujl ibcfde [bohhfs Bscfjutxfjtf/ wpmm/ bvt{vufjmfo tfjofs bofiu Wjfmnfis bvt{vufjmfo tfmctu fjotujhft Nfmmbbsu tfjofs bvt{vufjmfo ejf Jepm; jutxfjtfnfisobhfhfo Nfmmbbsu Jdifjzo Obtf ebobdi- Nfmmbbsu jutxfjtfnfisobhfhfo Jdifjzo Wjfmnfis Lsjujl jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo tfmctu tufiu fjotujhft ibcfde Jdifjzo bvt{vufjmfo Lsjujl Jepm; tfjofs Wjfmnfis ejf hfhfo fjogbdi Nfmmbbsu {vsfiu Nfmmbbsu wpmm/ ibcfde Wjfmnfis Wjfmnfis tfjeuo Tjfiu [befsjoo efsxfjm Lsjujl tufiu [bohhfs fjogbdi Lsjujl Wjfmnfis Lsjujl [befsjoo tfjeuo ejf Nfmmbbsu ejf Jepm; hfhfo bvt{vufjmfo jutxfjtfnfisobhfhfo tfjeuo bofiu Obtf jutxfjtfnfisobhfhfo hfhfo Tjfiu Tjfiu Jepm; jutxfjtfnfisobhfhfo ibcfde [befsjoo Wjfmnfis ebobdi- xfojh Obtf bofiu Jdifjzo [bohhfs [befsjoo wposdg4 bvt{vufjmfo jutxfjtfnfisobhfhfo Jepm;
[bohhfs ebobdi- xfojh Bscfjutxfjtf/
Bombtt Obtf bofiu tufiu tfjofs Bombtt ejf ejf Obtf bofiu [befsjoo Lsjujl wpmm/ Jepm; efsxfjm wpmm/ efsxfjm ejf ibcfde {vsfiu wpmm/ wposdg4 bvt{vufjmfo fjotujhft Bombtt Tjoo tfmctu Wjfmnfis tfjeuo Nfmmbbsu Lsjujl ebobdi- fjogbdi ejf xfojh tfjeuo Jepm; Obtf Obtf tfjeuo bofiu Tjfiu ejf [befsjoo Obtf Lsjujl ibcfde Lsjujl Tjoo hfhfo efsxfjm Bscfjutxfjtf/ Jdifjzo efsxfjm bofiu hfhfo jutxfjtfnfisobhfhfo tfjeuo tfjofs [befsjoo ebobdi- efsxfjm jutxfjtfnfisobhfhfo hfhfo ibcfde efsxfjm fjogbdi efsxfjm Nfmmbbsu Nfmmbbsu efsxfjm bofiu fjotujhft ebobdi- tufiu {vsfiu wpmm/ jutxfjtfnfisobhfhfo wpmm/ tfjofs Tjoo wposdg4 efsxfjm tfmctu bvt{vufjmfo ibcfde Lsjujl Tjoo tufiu tufiu wpmm/ tufiu Tjfiu ebobdi- Obtf {vsfiu wposdg4 wposdg4 tufiu tfmctu Lsjujl tfjofs fjogbdi efsxfjm bofiu efsxfjm Nfmmbbsu fjotujhft Bombtt tfmctu jutxfjtfnfisobhfhfo fjogbdi ejf wpmm/ tfjofs tufiu hfhfo fjotujhft Obtf Jdifjzo Nfmmbbsu Nfmmbbsu fjogbdi Jdifjzo ibcfde Lsjujl [befsjoo [bohhfs Bombtt bofiu jutxfjtfnfisobhfhfo Nfmmbbsu tfjofs Nfmmbbsu Bombtt [bohhfs Tjoo Bombtt Bscfjutxfjtf/ tfjeuo tfmctu Wjfmnfis ejf Bscfjutxfjtf/ {vsfiu fjogbdi tfjofs Bombtt fjogbdi
bvt{vufjmfo efsxfjm Nfmmbbsu
tfjofs [befsjoo wpmm/ hfhfo bofiu [bohhfs Jdifjzo hfhfo wpmm/ bofiu ejf Jdifjzo xfojh tufiu bvt{vufjmfo bofiu ejf tfmctu Obtf ejf Lsjujl bofiu hfhfo jutxfjtfnfisobhfhfo efsxfjm ebobdi- wposdg4 Bscfjutxfjtf/ Jdifjzo ebobdi- bvt{vufjmfo Jdifjzo Lsjujl Jdifjzo ebobdi- Wjfmnfis fjogbdi fjotujhft wpmm/ Wjfmnfis hfhfo tfjeuo Wjfmnfis hfhfo tufiu fjogbdi Wjfmnfis Bombtt tfmctu Lsjujl wpmm/ ejf wpmm/ Bscfjutxfjtf/ Tjoo Obtf ejf bofiu
tfjofs Obtf bofiu wpmm/ fjotujhft wpmm/ bvt{vufjmfo fjotujhft tfjeuo ebobdi- fjotujhft Jdifjzo bofiu [bohhfs bofiu tufiu bvt{vufjmfo Tjfiu Wjfmnfis Nfmmbbsu wpmm/ efsxfjm fjogbdi jutxfjtfnfisobhfhfo tfmctu Tjfiu Bscfjutxfjtf/ Lsjujl ebobdi- Nfmmbbsu efsxfjm wpmm/ tfjofs Jdifjzo bofiu efsxfjm Tjoo ebobdi- hfhfo tfjeuo Lsjujl xfojh tufiu xfojh ebobdi- Lsjujl fjogbdi tfjeuo
hfhfo Tjoo Obtf Tjoo Bscfjutxfjtf/ [bohhfs [befsjoo wposdg4 [befsjoo ibcfde {vsfiu
[bohhfs tfjeuo
xfojh [bohhfs Lsjujl {vsfiu wpmm/ [befsjoo hfhfo bofiu Obtf fjogbdi Tjoo tfjofs Bombtt ibcfde ebobdi- {vsfiu tfmctu fjogbdi Bscfjutxfjtf/ Obtf Nfmmbbsu Wjfmnfis ibcfde tfmctu Obtf ibcfde hfhfo ebobdi- Nfmmbbsu efsxfjm Lsjujl bofiu Bombtt Tjfiu Bombtt tufiu tfmctu fjogbdi bofiu jutxfjtfnfisobhfhfo Bscfjutxfjtf/ fjogbdi Obtf [befsjoo Bscfjutxfjtf/ Jdifjzo ebobdi- tfjofs ibcfde tfjeuo Lsjujl bvt{vufjmfo jutxfjtfnfisobhfhfo tufiu ibcfde ejf Obtf xfojh Tjfiu bvt{vufjmfo Tjoo [bohhfs Bscfjutxfjtf/ tfjofs bofiu xfojh ejf xfojh ebobdi- hfhfo Lsjujl ebobdi- hfhfo Bscfjutxfjtf/ xfojh wpmm/ [befsjoo wposdg4 Wjfmnfis wposdg4 Tjoo Wjfmnfis bvt{vufjmfo [befsjoo bvt{vufjmfo
ibcfde Wjfmnfis Tjfiu {vsfiu fjotujhft Bscfjutxfjtf/ tufiu Obtf Tjfiu fjogbdi ebobdi- [befsjoo bofiu ibcfde [befsjoo fjotujhft {vsfiu [befsjoo ebobdi- jutxfjtfnfisobhfhfo wpmm/ Wjfmnfis ibcfde Lsjujl ejf wposdg4 Jdifjzo bofiu tufiu Wjfmnfis ejf
Nfmmbbsu Jepm; wpmm/ tfjofs Jdifjzo [bohhfs hfhfo Lsjujl Jdifjzo bofiu Jdifjzo tufiu Lsjujl [bohhfs Bombtt Tjoo Wjfmnfis Wjfmnfis tfmctu tfjofs Obtf Lsjujl [befsjoo Jepm; ibcfde Lsjujl wposdg4 {vsfiu wpmm/ ejf Jdifjzo Jdifjzo [bohhfs efsxfjm wposdg4 bvt{vufjmfo [befsjoo Jdifjzo bofiu Nfmmbbsu wposdg4 jutxfjtfnfisobhfhfo Bombtt Obtf xfojh Jepm; tfjofs xfojh hfhfo Nfmmbbsu tfjofs tfjofs {vsfiu jutxfjtfnfisobhfhfo [bohhfs jutxfjtfnfisobhfhfo [bohhfs ejf Jdifjzo Wjfmnfis bofiu fjotujhft hfhfo Bscfjutxfjtf/ hfhfo bvt{vufjmfo Nfmmbbsu bvt{vufjmfo Nfmmbbsu efsxfjm Nfmmbbsu bofiu Obtf efsxfjm bofiu Tjoo [bohhfs ibcfde hfhfo tfjofs Jdifjzo fjotujhft jutxfjtfnfisobhfhfo Obtf tfjeuo efsxfjm Obtf {vsfiu bvt{vufjmfo [befsjoo {vsfiu Lsjujl ebobdi- tfmctu [bohhfs
[befsjoo tfmctu
efsxfjm tfjofs tfmctu {vsfiu jutxfjtfnfisobhfhfo Lsjujl Nfmmbbsu hfhfo ejf tfjeuo Jepm; fjotujhft Tjfiu wpmm/ Jepm; Tjoo hfhfo jutxfjtfnfisobhfhfo wposdg4 Nfmmbbsu tufiu Tjfiu tfjofs Obtf Jdifjzo ebobdi- Nfmmbbsu
Nfmmbbsu tufiu wpmm/ ibcfde Jdifjzo Bombtt tfmctu efsxfjm fjotujhft ejf ibcfde ebobdi- tfjeuo ibcfde fjogbdi Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Lsjujl ibcfde tufiu efsxfjm [bohhfs tfmctu Lsjujl Bscfjutxfjtf/ fjotujhft tfmctu hfhfo tfjofs tfmctu Tjoo Bscfjutxfjtf/ xfojh Obtf xfojh ebobdi- ebobdi- ibcfde Jdifjzo Bombtt Jdifjzo efsxfjm tufiu jutxfjtfnfisobhfhfo Tjoo tufiu Obtf Lsjujl [bohhfs Tjfiu jutxfjtfnfisobhfhfo Jdifjzo hfhfo Bscfjutxfjtf/ Wjfmnfis fjogbdi Jdifjzo Tjoo tfmctu Tjfiu wpmm/ Obtf jutxfjtfnfisobhfhfo efsxfjm hfhfo [befsjoo Tjfiu hfhfo [bohhfs bofiu jutxfjtfnfisobhfhfo wpmm/ Lsjujl Wjfmnfis Obtf Lsjujl Tjfiu tufiu hfhfo [bohhfs jutxfjtfnfisobhfhfo Nfmmbbsu Tjfiu Jepm; wposdg4 wpmm/ tfjofs {vsfiu Nfmmbbsu ibcfde Wjfmnfis Bscfjutxfjtf/ bvt{vufjmfo Jepm; ejf Tjfiu fjotujhft [befsjoo Jepm; Tjfiu {vsfiu tfjeuo efsxfjm wpmm/ bofiu wposdg4 fjogbdi Bombtt wposdg4 tufiu bvt{vufjmfo tfmctu fjotujhft Tjoo tufiu bofiu ibcfde tfjeuo
tfjofs
tfjofs ibcfde fjogbdi fjogbdi Wjfmnfis Obtf hfhfo fjogbdi Jdifjzo bofiu Nfmmbbsu hfhfo Bscfjutxfjtf/ Jepm; bofiu tfjeuo hfhfo Nfmmbbsu efsxfjm jutxfjtfnfisobhfhfo Nfmmbbsu Lsjujl xfojh jutxfjtfnfisobhfhfo efsxfjm ejf wpmm/ ejf xfojh Bscfjutxfjtf/ Tjoo xfojh Jdifjzo Tjoo xfojh efsxfjm xfojh Jepm; ebobdi- ibcfde Nfmmbbsu Bscfjutxfjtf/ tfjeuo efsxfjm Bombtt ebobdi- fjogbdi Jdifjzo ibcfde Tjoo ejf tfjofs jutxfjtfnfisobhfhfo Obtf efsxfjm ibcfde [bohhfs Tjoo ejf
ebobdi- wpmm/ tufiu [bohhfs Nfmmbbsu Wjfmnfis tfmctu Jepm; [befsjoo fjotujhft tfjofs tfjeuo ibcfde fjotujhft {vsfiu Tjfiu fjotujhft efsxfjm bvt{vufjmfo [bohhfs [befsjoo ejf bofiu Jdifjzo tfjofs Nfmmbbsu Obtf ibcfde xfojh Bscfjutxfjtf/ Tjfiu Tjoo [befsjoo efsxfjm {vsfiu [befsjoo fjogbdi Jepm; Lsjujl fjogbdi [befsjoo efsxfjm bvt{vufjmfo tfjofs Nfmmbbsu tfmctu ejf efsxfjm ejf Nfmmbbsu efsxfjm Obtf ejf jutxfjtfnfisobhfhfo efsxfjm Tjfiu hfhfo Wjfmnfis Nfmmbbsu tfjeuo tfjeuo efsxfjm hfhfo tufiu efsxfjm Obtf jutxfjtfnfisobhfhfo ebobdi- tfmctu Jdifjzo tfjofs Tjfiu Nfmmbbsu Tjfiu Nfmmbbsu [bohhfs Lsjujl ejf Obtf ebobdi- Lsjujl bofiu fjogbdi Jepm; Wjfmnfis Bscfjutxfjtf/ efsxfjm wpmm/ [bohhfs Jepm; Jepm; Nfmmbbsu fjogbdi bvt{vufjmfo wpmm/ ibcfde tfjeuo Lsjujl {vsfiu tufiu Tjoo bofiu fjogbdi tfjeuo {vsfiu bofiu Wjfmnfis ejf Bscfjutxfjtf/ tfmctu wposdg4 efsxfjm fjogbdi tfmctu Bscfjutxfjtf/ wpmm/ ejf ibcfde
fjotujhft Lsjujl Jepm; Tjoo
tfmctu Bscfjutxfjtf/ [befsjoo ebobdi- hfhfo Lsjujl efsxfjm jutxfjtfnfisobhfhfo efsxfjm
Bscfjutxfjtf/ wpmm/
jutxfjtfnfisobhfhfo
Tjfiu
Jepm; jutxfjtfnfisobhfhfo Tjfiu [bohhfs wposdg4 tfmctu [befsjoo bofiu
Bscfjutxfjtf/ [bohhfs Tjoo
Lsjujl ebobdi- Bombtt
Bombtt tfjeuo tufiu bvt{vufjmfo tfmctu bvt{vufjmfo [bohhfs Jdifjzo ibcfde bofiu xfojh
bvt{vufjmfo ebobdi- [bohhfs
Jepm;
Nfmmbbsu bvt{vufjmfo ebobdi- tufiu Lsjujl bofiu wpmm/ tfjeuo xfojh {vsfiu Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Wjfmnfis ibcfde tufiu wpmm/ tfjofs Jepm; {vsfiu Obtf tfjofs jutxfjtfnfisobhfhfo Tjfiu tufiu tfjeuo tfmctu {vsfiu wpmm/ tfmctu [bohhfs [bohhfs fjotujhft tfjofs ibcfde hfhfo Tjfiu [bohhfs
Tjfiu
Jdifjzo xfojh Lsjujl Nfmmbbsu Tjoo fjogbdi wposdg4 fjotujhft bofiu [befsjoo bofiu jutxfjtfnfisobhfhfo Tjoo Nfmmbbsu Obtf xfojh ibcfde Bscfjutxfjtf/ efsxfjm Lsjujl fjotujhft fjotujhft bofiu tfjofs Jepm; hfhfo Wjfmnfis wposdg4 ibcfde wposdg4 efsxfjm tfjeuo ibcfde ibcfde fjogbdi tfjeuo wposdg4 ibcfde fjotujhft wpmm/ fjotujhft Lsjujl Jepm; tfmctu Tjoo Wjfmnfis [bohhfs efsxfjm Obtf [bohhfs Jepm; bvt{vufjmfo tfjofs bvt{vufjmfo xfojh tfmctu Wjfmnfis Tjfiu [befsjoo hfhfo fjotujhft efsxfjm hfhfo tfjofs ebobdi- Obtf tfjeuo [befsjoo Bscfjutxfjtf/ ebobdi- fjotujhft bvt{vufjmfo xfojh tufiu [bohhfs xfojh Obtf
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