CompanywithSection46(2)of the Companies Actwhich includes the publication of a notice in an appointed newspaper in Bermuda; and equitynet.com.hk equitynet.com.hk (c)本公司遵守公司法第46(2)條,其中包括在百慕達之指定報章刊登通告; 及
aa company ceases to exist and all of its property is transferred to another existing company that is deemed the legal successor of the first company in all respects. (merger by acquisition) (section 81(1) of the Companies Act) 公司停止存在,并且所有它的物产转移到在各方面被视为第一家公司合...
atwo or more existing companies cease to exist and all of their property is transferred to a new company established through a merger, which is deemed the legal successor of the fused companies in all respects (fusion) (section 80(1) of the Companies Act) 两个或多个现有的公司停止存在,并且...
Under section 172(1) of the Companies Act 2006 ("section 172"), the directors are required to act in a way that they consider, in good faith, would most likely promote the success of the company. This success must be for the benefit of the company's shareholder but also for all other...
ANDREW KEAY,' Section 172(1) of the Companies Act 2006: an interpretation and assessment `, Sweet & Maxwell, 2007, The Company LawyerKeay, A. 2007. Section 172(1) of the Companies Act 2006: An interpretation and assessment. Company Lawyer 28(4): 106-110....
Section 2 of Companies Act, 2013, does not define the following: Principal Business Activities means those business activities which are mentioned under the main objects of the company Advance means literally a payment beforehand. In certain cases, it may be a loan but it cannot be said that ...
Section 339 discusses the following offences in detail: Business Fraud: According to Section 339, anybody who intentionally conducts the company’s business with the goal to mislead someone is guilty of fraudulent business conduct. Obtaining Wrongful Gain: According to Section 339 of the Act, ...
“articles” means the articles of association of a company as originally framed or as altered from time to time or applied in pursuance of any previous company law or of this Act; Section-2(6) Associate Company: “associate company”, in relation to another company, means a company in whi...
The Background About three decades ago, amendments to Section 372 of the Companies Act, 1956 through Companies (Amendment) Act, 1960 sought to regulate investments beyond certain prescribed limits by a company in other bodies corporate, whether in the same group or outside the group as the ...
STEP-1: Call Meeting of Board of Directors Issue Notice of Board Meeting to all directors of the company at least 7 days before the date of Board Meeting. STEP-2: Hold Board Meeting To Identify the persons to whom private placement offer letters are to be issued. To pass ...