The Basic Principles Of company secretary hong kong qualification
Cap 622 - Businesses Ordinance 244 variation among a phrase or terms needed to be A part of the name and also a permitted abbreviation of that phrase or Those people text (or vice versa) should be to be disregarded. Area: 660 Felony penalties of failure to create demanded disclosures
(two) The Registrar may perhaps do the act, or trigger the act for being completed, since the company’s or the liquidator’s or provisional liquidator’s representative. (three) The Registrar could execute or signal any suitable instrument or document, incorporating a memorandum stating the Registrar has carried out so given that the company’s or maybe the liquidator’s or provisional liquidator’s consultant. (4) An instrument or doc executed or signed from the Registrar under subsection (3) has precisely the same influence as If your company, if continue to current, had executed the instrument or doc. Portion: 758 Former director need to maintain dissolved company’s publications and papers for six yrs
Portion 154(1AA) on the predecessor Ordinance, as in force promptly prior to its repeal, applies in relation into a company formed and registered underneath a provision of the predecessor Ordinance having a continuing impact less than this Routine or by virtue of part 23 in the Interpretation and Basic Clauses Ordinance (Cap 1). 94. Data of conferences of directors
Area 162B in the predecessor Ordinance, as in pressure immediately in advance of its repeal, carries on to use in relation to your deal laid out in that section and entered into before the commencement date* of area 545. Part 12
A recognize which was served beneath area 337B on the predecessor Ordinance, as in power quickly before its repeal, and that was in power right away prior to the commencement date of Division four of Part 16, proceeds in power and it has outcome just as if it were being a detect served below portion 780. 136. Recognize of cessation of spot of business enterprise in Hong Kong
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Cap 622 - Providers Ordinance 183 (2) For the uses of this Division, a overall body corporate is to not be considered to be a shadow director of any of its subsidiaries by cause only that the administrators, or even a majority of the directors, of the subsidiary are accustomed to act in accordance with its directions or instructions. Area: 492 Body corporate managed by director L.N. 163 of 2013 03/03/2014 (1) For that functions of this Division, a system corporate is controlled by a director if— (a) the director is entitled to work out, or Manage the exercising of, more than 50% on the voting power at any standard Conference of that entire body corporate; or (b) the administrators, or a greater part of the administrators, of that body corporate are accustomed to act in accordance With all the Instructions or Guidance of the director. (2) In subsection (one), a reference to voting power the physical exercise of and that is managed by a director includes voting energy the workout of and that is managed by A further physique corporate Should the director is entitled to exercise, or control the workout of, over 50% from the voting energy at any common meeting of that other physique corporate. Part: 493 Quasi-personal loan L.N. 163 of 2013 03/03/2014 (one) With the reasons of this Division, an individual can make a quasiloan into a director or an entity linked that has a director if the person— (a) agrees to pay, or pays if not than pursuant to an settlement, a sum to the director or linked entity— (i) on phrases that the director or related entity (or A further human being on chartered company secretary hong kong behalf of your director or linked entity) will reimburse the person; or (ii) in situations giving increase into a legal responsibility about the director or connected entity to reimburse the individual; or (b) agrees to reimburse, or reimburses otherwise than pursuant to an arrangement, expenditure incurred by Yet another individual for the director or related entity— (i) on phrases which the director or linked entity (or Yet another person on behalf from the director or related entity) will reimburse the person; or (ii) in conditions giving increase to some legal responsibility about the director or connected entity to reimburse the individual.
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Cap 622 - Companies Ordinance 178 (b) if a system corporate, have its registered Workplace or a spot of company in Hong Kong. (five) Everything essential or authorized to generally be finished by or to the company secretary may be finished— (a) Should the Place of work is vacant or There is certainly for every other explanation no company secretary effective at acting, by or to any assistant or deputy company secretary; or (b) if there is no assistant or deputy company secretary capable of acting, by or to any officer of the company licensed frequently or specially in that behalf by the directors. Segment: 475 Situations below which director might not be company secretary
(two) During this Part, a reference into the billed home of the non-Hong Kong company registered under Portion XI of the predecessor Ordinance is usually a reference to— (a) the home in Hong Kong on the company and subject to your charge established through the company, apart from assets which was not in Hong Kong if the cost was produced; or (b) the property in Hong Kong of the company and topic to the charge that subsisted once the house was obtained via the company, besides residence that was not in Hong Kong when it absolutely was so acquired. sixty three. Demand established by company
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