company secretary qualification hong kong Secrets
company secretary qualification hong kong Secrets
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(three) The Registrar need to enter The brand new identify in the businesses Register instead of the previous name. (four) The change of name has result in the day on which the new identify is entered in the businesses Sign-up. (five) Inside of thirty times once the date of entering the new name in the Companies Register, the Registrar— (a) need to by observe in composing notify the company of— (i) The reality that a reputation from the company is changed; (ii) the new identify; and (iii) the date on which the change can take outcome beneath subsection (four); and (b) should by notice from the Gazette notify that actuality, the new identify Which date. (6) A change of title less than this portion will not have an effect on any legal rights or obligations of the company or render faulty any lawful proceedings by or against it. Any lawful proceedings that might have been commenced or continued by or towards it by its previous identify can be commenced or continued by or versus it by its new name.
Cap 622 - Businesses Ordinance 137 Area: 371 Alteration of accounting reference date L.N. 163 of 2013 03/03/2014 (1) The directors of the company may perhaps specify a different accounting reference date in relation to— (a) the company’s present accounting reference period and every subsequent accounting reference period; or (b) the company’s past accounting reference interval and each subsequent accounting reference period of time. (two) If the directors of a community company or possibly a company restricted by guarantee specify a different accounting reference date below subsection (1), the company should, in fifteen times once the date of the directors’ resolution specifying The brand new accounting reference date, supply a notice, in the required variety, of that new day for the Registrar for registration. (3) A administrators’ resolution by which a completely new accounting reference day is specified, as well as a observe of that new date sent to the Registrar, should state— (a) no matter if the current or prior accounting reference interval concerned would be to be shortened, to be able to conclusion on the very first celebration on which The brand new accounting reference date falls or fell following the start of that period; or (b) regardless of whether The existing or past accounting reference time period involved is usually to be extended, to be able to close on the next celebration on which The brand new accounting reference day falls or fell right after the start of that time period. (4) The administrators of a company must not specify a new accounting reference date in relation to the prior accounting reference interval if— (a) the time period for laying before the company generally meeting underneath portion 429 a duplicate of the reporting documents to the money year determined by reference to that accounting reference period has expired; or (b) the period of time for sending a copy on the reporting paperwork to the economical calendar year for the associates underneath portion 430(three) has expired.
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Portion 86 with the predecessor Ordinance, as in power immediately prior to its repeal— (a) proceeds to apply in relation to an software made by a company, or anyone fascinated, ahead of the commencement day* of sections 346 and 347 to the applications of that portion 86; and (b) carries on to apply, by advantage of segment 91 of your predecessor Ordinance as so in power, in relation to an application produced by a non-Hong Kong company registered underneath Element XI on the predecessor Ordinance, or anyone intrigued, before that commencement day* with the needs of that portion 86. seventy one. Observe to Registrar of appointment of receiver or manager etcetera.
L.N. 163 of 2013 03/03/2014 (one) With no prescribed acceptance of its customers, a company should not produce a payment for lack of Place of work into a director or former director of the company. (two) With no prescribed approval of its associates along with the prescribed acceptance with the Keeping company’s associates, a company ought to not create a payment for lack of Business to some director or former director of the Keeping company in the company. (three) Even with subsection (two)— (a) a company may perhaps enter to the transaction with just the prescribed acceptance of its associates if the holding company is incorporated outdoors Hong Kong; and (b) a company may well enter into the transaction with only the prescribed acceptance from the holding company’s users whether it is an entirely owned subsidiary from the Keeping company, and also the Keeping company is incorporated in Hong Kong.
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L.N. 163 of 2013 03/03/2014 (1) If, every company formation uk time a administrators’ report well prepared by the directors of the company is authorized in accordance with section 391, a permitted indemnity provision (no matter whether created by the company or otherwise) is in pressure for the advantage of one or more administrators from the company, the report must point out the provision is in power. (two) If, at any time throughout the financial 12 months to which a directors’ report geared up by the directors of a company relates, a permitted indemnity provision (whether made by the company or normally) was in force for the benefit of one or more people who were being then directors with the company, the report should condition the provision was in power. (3) If, any time a directors’ report ready by the directors of a company is authorized in accordance with portion 391, a permitted indemnity provision created by the company is in pressure for the good thing about a number of directors of an linked company of your company, the report must state that the provision is in power.
The corporate secretary also manages the compliance position in the company. And functions as being a mediator concerning the company's shareholders and directors.
(5) At a variation of course rights meeting, any member current in individual or by proxy might desire a poll. (6) For that needs of this portion— (a) any Modification of the provision inside a company’s posts for that variation on the rights of a category of members, or perhaps the insertion of this kind of provision to the articles, is by itself for being thought to be a variation of People rights; and (b) a reference to your variation with the legal rights of a category of users contains the abrogation of Those people legal rights.
(two) The Court docket could relieve the desired person, both wholly or partly, within the liability on any terms that the Court thinks fit. (three) If the case is experimented with by a choose with a jury, the judge may well— (a) withdraw the situation in total or partially in the jury; and (b) immediate judgment to generally be entered for the specified man or woman over the conditions concerning costs or otherwise which the choose thinks in shape.
(1) Segment fifty seven on the predecessor Ordinance, as in drive straight away ahead of its repeal, carries on to apply into the payment of interest by a company In the event the Specific resolution less than paragraph (a) of your proviso to that portion authorizing the payment was handed ahead of the repeal, despite in the event the sanction in the court with the payment is attained. (2) Without restricting subsection (one), the company may possibly cost desire to money in accordance with segment 57 of your predecessor Ordinance if— (a) curiosity was paid by a company in accordance with that section prior to its repeal, but not charged to cash; or (b) desire is compensated by a company following the repeal in accordance having a Distinctive resolution passed beneath paragraph (a) of the proviso to that segment prior to the repeal, in spite of if the sanction from the court with the payment is acquired.
Cap 622 - Companies Ordinance a hundred The idea that a revaluation in the company’s preset property would be to be viewed as acquiring taken area At the moment. (5) For the functions of the Component, if— (a) around the revaluation of a fixed asset, an unrealized gain is proven to are already designed; and (b) on or once the revaluation, a sum is created off or retained for depreciation on the fixed asset about a period of time, the quantity by which the sum exceeds the projected sum in relation into the depreciation of that asset above the time period is to be viewed as a understood revenue remodeled the time period. (six) In determining regardless of whether a company has created a financial gain or loss on an asset with the needs of subsection (five), the value supplied to the asset inside the earliest offered report of its price manufactured on or after its acquisition from the company is always to be viewed as the cost of your asset if— (a) there is absolutely no history of the original cost from the asset; or (b) a report of the first cost of your asset can not be attained without having unreasonable cost or delay.