1.The role of directors 董事(Director)英国公司法(The Companies Act 2006)定义为:”a person who is responsible for the overall direction of the company’s affairs.”董事是管理公司事务,对公司整体业务负责的“人”。注意,这里的“人”可以是自然人(nature person),也可以是法人(legal person),但法人充...
Building Trust and Credibility:Upholding core values consistently builds trust with employees, customers, and stakeholders. It reinforces the company’s reputation as a reliable and principled organization. Navigating Challenges:In times of uncertainty or crisis, core values act as a compass, navigating ...
The Company Act of 2006 allows significant flexibility to draw the articles so as to suit the specific needs of the company as long as it is within the law. 2. Memorandum that records the fact that the initial subscribers agree and wish to form a company and consequently become its members...
aDecisions on matters such as the modification of the articles of association or the liquidation of the company require a majority of at least three quarters of the votes adopting the draft resolution (section 152 of the Companies Act). 决定在事态上例如联盟条例或公司的清盘的修改要求表决的至少四...
(3) A new provision is added to provide that where directors and senior management cause harm to others while carrying out their duties, the company is responsible for compensation to the affected parties, where the directo...
Their act, equal parts smart talk and ancient slapstick, was honed alongside curvy chorus girls and tassel-twirlers but it took a lady of a decidedly different stature to make them superstars. On March 24, 1938, Kate Smith,“The First Lady of Radio”, invited them to perform “Who’s On...
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Registrars of Companies (ROC) appointed under Section 609 of the Companies Act covering the various States and Union Territories, are vested with the primary duty of registering companies floated in the respective States and Union Territories and of ensuring that such companies comply with statutory ...
The issuing of the certificate may take several weeks, but once it is issued the company’s subscribers may begin to act as a body corporate. Memorandum and Articles of Association The company’s constitution is set out in two documents known as the Memorandum and Articles of Association. The...
Article 190 of the second draft amendments states that “If in the course of performing their duties directors and executives cause damage to others, then the company shall be liable for compensation; directors and senior managers who act with intention or gross negligence shall also be liable for...