At the beginning of May, South Africa's new Companies Act took a leap ahead of US and UK regulation on directors' remuneration. Unlike these overseas jurisdictions, which provide for shareholder votes that are not binding on company boards, the South African legislation requires not only that ...
19 Methods of appointing directors 20 Retirement of directors by rotation 21 Termination of a director’s appointment 22 Directors’ remuneration 23 Directors’ expenses. Articles 24–26 deal with alternate directors: 24 Appointment and removal of alternates 25 Right...
Section-2(78) Remuneration: “remuneration” means any money or its equivalent given or passed to any person for services rendered by him and includes perquisites as defined under the Income-tax Act, 1961; Section-2(79) Schedule: “Schedule” means a Schedule annexed to this Act; ...
directors’ remuneration and other benefits of directors etc. intheUK Companies Act198538 . legco.gov.hk legco.gov.hk 4.10 為落實常委會的建議,工作小組建議參考英國《1985 年公 司法》中有關董事酬金及其他福利等的條文38 ,重新編排 及改革《公司條例》第161、161A 、 161B 、 161BA 、 161BB 及 161...
The new Companies Act represents the most fundamental reform of company law for more than fifty years. The law on private companies will be comprehensively revised to make it easier to set up and run such a company. There is a new statutory definition of directors' duties and liabilities, and...
Section 178 of Companies Act 2013: Nomination and Remuneration Committee and Stakeholders Relationship Committee Section 178 shall come into force on 1st April, 2014 vide Notification No. S.O. 902(E) issued dated 27.03.2014. (1) The Board of Directors of every listed public company and such ...
In this Act: “company” means a public limited company established under this Act;“private company” means a limited company established under the Civil and Commercial Code;“board of directors” means the board of directors of a public limited company;“chairman of the board” means the ...
The influence of social and cultural context, including imperial influences, and politics on the promulgation of the Companies Act 1956 in post independenc... S Verma,SJ Gray - 《Critical Perspectives on Accounting》 被引量: 6发表: 2009年 Monitoring directors' remuneration, fat cat packages and...
directors duly to call a meeting shall be repaid to the requisitionists by the company, and any sum so repaid shall be retained by the company, out of any sums due or to become due from the company by way of fees or other remuneration for their services to such of the directors as ...
Behind the Audit Report: A Descriptive Study of Discussions and Negotiations Between Auditors and Directors This paper presents direct evidence concerning the extent, nature, and outcome of interactions between the two primary parties in the auditor-client relati... V Beattie,S Fearnley,R Brandt - ...