A REVIEW OF COMPANY SECRETARY HONG KONG QUALIFICATION

A Review Of company secretary hong kong qualification

A Review Of company secretary hong kong qualification

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7. An annual return beneath area 662(3) needs to be accompanied by— (a) copies of the paperwork required to be despatched to each member from the company less than part 430, certified by a director or company secretary of your company being true copies; and (b) if any on the paperwork mentioned in paragraph (a) is inside of a language in addition to English or Chinese, a Qualified translation (for being annexed to that doc) in English or Chinese with the document. Routine: 7 Offences in regard of which Proceedings not Instituted under Selected Conditions

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Cap 622 - Businesses Ordinance 210 (a) a resolution eradicating an auditor ahead of the stop of the auditor’s term of Place of work; or (b) a resolution taking away a director prior to the conclude of your director’s term of Workplace.

Cap 622 - Companies Ordinance 81 of your company. (two) The company need to include with the see in the proposed resolution— (a) a copy in the document containing the proposed normal give; and (b) a press release, signed by the directors from the company, containing info that could enable an inexpensive man or woman to form a legitimate and justifiable impression as into the deserves from the present. (3) If, beneath the proposed basic provide, a member with the company may very well be compelled to dispose of the member’s shares below Division five of Section thirteen (Obligatory acquisition just after typical offer for share purchase-back again)— (a) the company should appoint an independent financial investment adviser to advise users who could be afflicted via the Obligatory disposal over the merits from the present; and (b) the resolution authorizing the provide has to be a Distinctive resolution on which no non-tendering member votes. (four) Somebody is qualified for appointment being an expenditure adviser below subsection (three)(a) provided that— (a) the individual is a corporation licensed to hold on, or a licensed economic establishment registered for carrying on, a company in advising on securities or advising on corporate finance beneath Aspect V in the Securities and Futures Ordinance (Cap 571); and (b) the person is neither— (i) a member, officer, shadow director or staff on the company producing the final offer you or of the related company of that company; nor (ii) an related company on the company generating the final offer you.

Cap 622 - Firms Ordinance 236 (2) If a company discontinues a department sign up, every one of the entries in that sign up need to be transferred to— (a) Another department sign up retained in a similar put outdoors Hong Kong with the company; or (b) the company’s register of associates. (three) If a company discontinues a department sign up, it should inside fifteen days following the discontinuance deliver to your Registrar for registration a detect in the specified type informing the Registrar of— (a) the discontinuance; and (b) the register to which many of the entries are already transferred.

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(two) With no prescribed acceptance of its customers and the prescribed acceptance in the Keeping company’s users, a specified company must not— (a) create a quasi-personal loan to your director of the holding company in the company; or

(2) In this particular Division— (a) a reference to anyone incurring a liability incorporates the person switching their money position by building an arrangement or arrangement (no matter whether enforceable or unenforceable, and whether manufactured on the person’s very own account or with any other particular person) or by another indicates; and

Cap 622 - Companies Ordinance 111 enough evidence of the grant of probate of your will no company secretary hong kong or letters of administration of the deceased person the output to your company of a doc which is by legislation enough proof of that grant. Area: 326 Form of register of holders of debentures saved underneath instrument created by company

(3) If, in relation to an application with the functions of subsection (2), a document displaying the rectification is shipped to the Registrar for registration, the Registrar could rectify the mistake by registering the doc. Section: 42 Registrar ought to rectify info on Providers Sign up on purchase of Court

Partnership: During this business enterprise, two or more people operate with each other plus they share their income , losses and manage many of the tasks.

(three) Regardless of subsection (one), Should the nominal amount of money or nominal worth of a share is altered on or after the commencement day* of segment a hundred thirty five less than a continuing provision, a reference inside of a continuing provision into the nominal total or nominal worth of the share is really a reference to the nominal volume or nominal benefit as so altered. Element five

Any authorized proceedings that could have been commenced or ongoing by or versus it by its former identify might be commenced or ongoing by or in opposition to it by its new identify. (6) If the company contravenes subsection (2) the company, and each responsible person from the company, commit an offence, and each is liable to your wonderful at level three and, in the situation of the continuing offence, to an extra wonderful of $300 for every day for the duration of which the offence continues. (7) In this area— previous name(前有名稱), in relation to your company restored to the Companies Register underneath this Division, indicates the name which the company had quickly just before it had been dissolved. Portion: 771 Registrar may well immediate company to change similar or comparable title and many others.

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