COMPANY SECRETARY QUALIFICATION HONG KONG SECRETS

company secretary qualification hong kong Secrets

company secretary qualification hong kong Secrets

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(three) Regardless of subsection (two)— (a) a company may enter to the transaction with only the prescribed acceptance of its users When the holding company is incorporated outdoors Hong Kong; and (b) a company might enter to the transaction with only the prescribed acceptance from the Keeping company’s customers if it is a completely owned subsidiary on the holding company, and also the holding company is incorporated in Hong Kong. Section: 501 Specified company must not make quasi-personal loan and so forth. to director

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You can do this by searching their name within the TCSP Registry (note: some providers may perhaps use trade names, so you might have to talk to for their licence quantity to search).

Cap 622 - Organizations Ordinance 270 (b) Anytime ahead of the conclude from the offer you period, the shares of that class controlled via the repurchasing company, with or without the shares of that course held through the non-tendering member, depict no less than 90% in quantity of the shares of that course, the holder of any shares of that class to which the supply relates who has not acknowledged the provide prior to the close of that period may well, by a letter addressed to your repurchasing company, require that company to order back People shares. (4) Rights supplied to your holder of any shares by this portion to require a repurchasing company to acquire back again the shares are only exercisable within three months following whichever may be the later on of the subsequent— (a) the top of the give interval; (b) the date from the detect given for the holder beneath area 719.

(3) Nevertheless, Every member might only request the company to flow into a single these types of statement with regard for the resolution. Section: 552 Company’s obligation to circulate published resolution proposed by customers

(eight) A one that commits an offence below subsection (7) is liable to some fantastic at stage 5 and, in the situation of a continuing offence, to a further fine of $1000 for daily for the duration of which the offence carries on. (nine) A contravention of subsection (two) would not affect the validity in the debentures issued. (ten) With this segment, a reference to the time of the development of a cost is usually a reference to the time of execution of— (a) the instrument by reference to which the demand is supplied; or (b) if there is not any this kind of instrument, the first debenture from the sequence. Section: 342 Company or registered non-Hong Kong company should sign-up particulars of commission etc. in relation to debentures

L.N. 163 of 2013 03/03/2014 (one) Without the prescribed acceptance of its users, a specified company need to not— (a) produce a mortgage or quasi-bank loan to an entity related which has a director on the company; or (b) give a assurance or deliver safety in connection with a financial loan or quasi-bank loan created by any person to an entity linked with such a director. (2) With no prescribed acceptance of its members along with the prescribed acceptance in the holding company’s customers, a specified company need to not— company secretary hong kong cost (a) produce a bank loan or quasi-financial loan to an entity connected having a director of a holding company of the company; or (b) provide a ensure or offer protection in reference to a personal loan or quasi-mortgage produced by any person to an entity related with this type of director.

Area 85 of the predecessor Ordinance, as in force instantly just before its repeal— (a) proceeds to use in relation to an application made by a company, the mortgagee, or the person entitled to the demand, ahead of the commencement date* of Division 5 of Part 8 with the needs of that part eighty five; and (b) carries on to apply, by virtue of area ninety one on the predecessor Ordinance as so in pressure, in relation to an application made by a non-Hong Kong company registered less than Element XI in the predecessor Ordinance, the mortgagee, or the person entitled for the cost, in advance of that commencement date* for that uses of that portion 85. 70. Extension of time for registration and rectification of register of charges

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(2) In this Component, a reference towards the billed residence of a non-Hong Kong company registered under Section XI of the predecessor Ordinance is a reference to— (a) the assets in Hong Kong on the company and topic to a cost developed with the company, except assets that was not in Hong Kong in the event the cost was produced; or (b) the assets in Hong Kong of your company and subject matter to your cost that subsisted if the home was obtained with the company, except home that was not in Hong Kong when it was so obtained. sixty three. Charge produced by company

(2) Segment 116C from the predecessor Ordinance, as in drive promptly ahead of its repeal, continues to use in relation to resolutions for which Particular recognize is required if detect on the intention to move the resolution was given into the company prior to the commencement date* of part 578. 103. Associates’ statements

(three) Inspite of subsection (one), In case the nominal volume or nominal worth of a share is altered on or after the commencement day* of part 135 under a continuing provision, a reference inside of a continuing provision on the nominal volume or nominal value of the share is a reference into the nominal volume or nominal worth as so altered. Part five

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