hong kong company secretary's practice manual Fundamentals Explained

hong kong company secretary's practice manual Fundamentals Explained

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Cap 622 - Firms Ordinance 244 variation between a word or terms required to be part of the title plus a permitted abbreviation of that term or those words (or vice versa) will be to be disregarded. Segment: 660 Felony effects of failure to help make needed disclosures

Part 57A with the predecessor Ordinance, as in power immediately in advance of its repeal, continues to use to your share certificate, prospectus or directors’ report issued before the commencement date* of portion 179. 29. Variation of course rights: organizations having a share funds

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Be cautious not to mix up a “company secretary” by using a “secretary” who may possibly only tackle clerical duties. An officially appointed company secretary of a company plays a way more Sophisticated part during the lawful routine maintenance of a company.

L.N. 163 of 2013 03/03/2014 (one) A registered non-Hong Kong company have to deliver an announcement with the particulars of every specified cost established by the company on assets in Hong Kong in the company, together with a Licensed duplicate on the instrument (if any) creating or evidencing the cost, to your Registrar for registration within the registration period laid out in subsection (six)(a). (2) Where— (a) a specified demand made by a registered non-Hong Kong company on home in Hong Kong of the company— (i) is presented inside a debenture forming Element of a sequence by reference to almost every other instrument made up of the charge (whether or not also contained inside the debenture); or (ii) is contained inside a debenture forming Element of a sequence (although not provided during the debenture by reference to some other instrument); and (b) each individual holder of your debentures with the series is entitled Similarly to the good thing about the demand, the company is usually to be viewed as obtaining complied with subsection (one) in relation to the required demand In the event the company provides a statement from the particulars in the charge, along with a Accredited duplicate of the instrument

(four) The Court will have to not buy the removal of any data from the Companies Sign up beneath subsection (1) Until it truly is contented that— (a) even if a doc displaying the rectification in query is registered, the continuing existence of the information on the businesses Sign-up will cause product damage to the company; and (b) the company’s interest in taking away the data outweighs the curiosity of other people in the information continuing to appear on the Companies Register. (5) When the Court would make an get for that rectification of any information on or perhaps the removal of any data from the businesses Register less than subsection (1), the Court may well make any consequential order that seems to it to generally be just with respect to your lawful result (if any) to generally be accorded to the knowledge by advantage of its acquiring appeared on the businesses Sign-up. (6) In the event the Courtroom will make an purchase for your removal of any details from the businesses Register under subsection

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(3) If, company formation uk with bank account in relation to an software with the purposes of subsection (2), a doc showing the rectification is delivered to the Registrar for registration, the Registrar may rectify the mistake by registering the doc. Part: forty two Registrar ought to rectify info on Firms Sign-up on purchase of Court

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Part 317 applies to debentures or debenture stock allotted on or following the commencement date* of that section. fifty eight. Difficulty of debenture or certificate for debenture inventory on allotment