Top Guidelines Of company secretary qualification hong kong



Cap 622 - Corporations Ordinance 103 (four) The payment is— (a) a payment created by the company in regard of the acquire-again with the company of shares in itself (except a payment lawfully created usually than outside of distributable profits); or (b) a payment produced by the company of any description specified in portion 257(five) (other than a payment lawfully produced normally than outside of distributable revenue). (5) With this portion— liabilities(負債) has the which means specified by area 274(one); Web belongings(淨資產), in relation to a company that provides any money aid, indicates the quantity by which the combination of the company’s belongings exceeds the aggregate of its liabilities (having the level of both of those assets and liabilities to be as mentioned in the company’s accounting records quickly ahead of the monetary aid is offered); net liabilities(淨負債), in relation to some company that provides any monetary support, implies the quantity by which the mixture with the company’s liabilities exceeds the aggregate of its belongings (taking the amount of each assets and liabilities to generally be as said from the company’s accounting records immediately prior to the economic help is provided).

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Cap 622 - Corporations Ordinance 106 (a) the company’s registered office; or (b) a place prescribed by polices produced less than portion 657. (2) A company need to notify the Registrar of the location at which the sign-up of debenture holders is stored. The see should be in the specified variety and delivered to the Registrar for registration inside of fifteen days after the sign-up is initially stored at that put. (three) A company need to notify the Registrar of any change (aside from a change with the deal with from the company’s registered office) inside the location at which the sign up of debenture holders is retained. The see must be in the required kind and sent to the Registrar for registration inside of 15 times after the change. (4) Subsection (two) doesn't demand a company to inform the Registrar with the place at which the sign up of debenture holders is held— (a) if, in the situation of a register that came into existence on or following the commencement date* of this Division, it's all the time been saved at the company’s registered Business; or (b) if— (i) right away right before that commencement day*, the company retained a sign-up to the needs of area 74A on the predecessor Ordinance; and (ii) on and after that commencement day*, that sign-up is held like a sign up of debenture holders for that needs of segment 308(1) at the area at which it was kept straight away just before that commencement date*.

Cap 622 - Companies Ordinance 22 49(one) as the correspondence handle is not efficient to provide them into the observe with the director, reserve director or company secretary in issue; or (ii) it's important or expedient to the withheld deal with for being disclosed in connection with the enforcement of the buy or decree of the courtroom; and (b) In the event the Court docket is content that it is suitable to generate the buy. (2) The Court docket might make an get for that disclosure with the Registrar of the withheld identification variety— (a) if it is necessary or expedient with the quantity to become disclosed in connection with the enforcement of the purchase or decree of a court; and (b) if the Courtroom is content that it is suitable to produce the purchase.

L.N. 163 of 2013 03/03/2014 (one) A person commits an offence if the person, without realistic excuse, fails to comply with any requirement imposed on the person underneath portion 869. (2) An individual commits an offence if the person, with intent to defraud, fails to comply with any need imposed on the individual underneath segment 869. (three) An officer or worker of the company on which a necessity is imposed less than section 869 commits an offence When the officer or employee, with intent to defraud, leads to or will allow the company to fail to comply with the need. (four) An individual commits an offence if the individual— (a) in purported compliance which has a need imposed on the person under part 869— (i) generates any file or document that is false or misleading in a cloth particular; or (ii) presents any details or explanation that is fake or misleading in a fabric certain; and (b) understands that, or is reckless regarding whether or not, the record or document, or the information or clarification, is false or misleading in a fabric distinct. (5) Someone commits an offence if the individual, with intent to defraud, in purported compliance having a prerequisite imposed on the individual below section 869— (a) creates any history or doc that is false or deceptive in a material certain; or (b) supplies any information or explanation that is false or deceptive in a cloth unique. (6) An officer or staff of a company on which a prerequisite is imposed underneath portion 869 commits an offence If your officer or employee, with intent to defraud, causes or enables the company to, in purported compliance With all the requirement— (a) deliver any history or doc that is fake or misleading in a material distinct; or (b) offer any information or clarification that is fake or deceptive in a cloth particular. (seven) An individual isn't excused from complying having a need imposed on the person below section 869 only on the ground that to take action might tend to incriminate the person.

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two. Assertion of monetary placement being contained in notes to once-a-year consolidated fiscal statements

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(two) In this particular Division— (a) a reference to anyone incurring a liability includes the person changing their fiscal position by building an arrangement or arrangement (regardless of whether enforceable or unenforceable, and no matter whether built on the individual’s very own account or with any other human being) or by every other means; and

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(3) A last report needs to be delivered to the Money Secretary within the time directed with the Monetary Secretary or, while in the absence of Instructions, in an affordable time following it is ready. (four) An inspector must, inside of an affordable time following the supply of the final report to the Money Secretary, deliver for the Registrar for registration a detect of that point in the specified kind. Part: 857 Interim report or final report could protect affairs of associated physique corporate

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(3) In spite of subsection (1), In the event the nominal sum or nominal value of a share is altered on or following the commencement date* of portion a hundred thirty five beneath a continuing provision, a reference within a continuing provision towards the nominal amount or nominal worth of the share is usually a reference to your nominal sum or nominal value as so altered. Aspect 5

Cap 622 - Firms Ordinance 182 Part: 488 Director or previous director related to human body corporate L.N. 163 of 2013 03/03/2014 (1) For that purposes of the Aspect, a director or previous director is affiliated with a physique corporate if— (a) the director or former director, or any a number of from the entities laid out in subsection (three), or even the director or former director along with any a number of of those specified entities, are entitled to exercise, or Manage the workout of, over 30% of the voting energy at any common meeting of that body corporate; or (b) the administrators, or even a vast majority of the administrators, of that human body corporate are accustomed to act in accordance Together with the directions or Guidance of— (i) the director or former director; or (ii) an entity related Together with the director or former director. (2) With this portion, a reference to voting ability the exercising of which is controlled by a director or previous director, or by an entity laid out in subsection (3), incorporates voting electrical power the exercise of and that is controlled by A further entire body corporate In the event the director or previous director, or any a number of of the specified entities, or perhaps the director or previous director along with any one or more of the desired entities, are entitled to work out, or control the exercising of, greater than 50% on the voting ability at any standard meeting of that other entire body corporate.

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