Director Limited Liability. Except as otherwise provided by law, the Directors shall not be obligated personally for any debt, obligation or liability of the Company solely by reason of being the mana...
change the main body of business, dissolution of employees and other behavior, with the intention of helping the original operator to avoid legal responsibility, may constitute an abuse of the independent status of the company's legal person and its limited liability situation, which leads to...
Any materially relevant default, if any, in financial obligations to and by the Company or substantial non-payment of goods sold or services rendered, if any. Any issue, which involves possible public or product liability claims of substantial nature, including any Judgement or Order, which may ...
a co-founder and substantial shareholder of a Singapore-incorporated company listed on the SGX’s Catalist board against the company and its parent company in a claim for S$4.5 million; a decision notable for the principles surrounding unlawful means conspiracy, and joint and several liability. ...
In order to establish liability for insolvent trading under s 588G of the Corporations 'Act 2001', the liquidator must first establish that the person was a director of the company at the time the debt was incurred. In a majority of cases, this will be unproblematic. Often, there will be...
aShareholders of a company are not liable (in their capacity as shareholders) for the company’s debts. As shareholders, their only obligation is to pay the company any amount unpaid on their shares if they are called upon to do so. However, if a shareholder is also a director, this ...
Jinshang Bank Co., Ltd.* 晉商銀行股份有限公司* (A joint stock company incorporated in the People's Republic of China with limited liability) (stock code: 2558) (1) PROPOSED RE-ELECTION AND ELECTION OF DIRECTORS FOR THE SIXTH SESSION OF THE BOARD; (2) PROPOSED RE-ELECTION AND ELECTION OF...
current account. However, the judge in interlocutory proceedings took an entirely different view, as did director B. It was established that the company had large debts and hardly any cash. The financial position of the company did not allow for the continuous (not contractually regulated) ...
ABOUT SHAREHOLDERS PREFERENCE SHARES DIRECTORS, SUPERVISORS, SENIOR MANAGEMENT AND EMPLOYEES CORPORATE GOVERNANCE CORPORATE BONDS FINANCIAL REPORT DOCUMENTS AVAILABLE FOR INSPECTION INFORMATION DISCLOSURES OF SECURITIES COMPANY 3 7 25 33 85 123 136 137 191 229 240 241 242 2 HAITONG SECURITIES CO., LTD. ...
All NOSTRO Accounts are reconciled on monthly basis and the management for its settlement reviews outstanding entry beyond 30 days. (c) Asset Liability Management Risk Asset Liability Management (ALM) has been defined as a planned, structured and systematic process of managing the asset and ...