Everything about hong kong company secretary checklist (2nd edition)

Cap 622 - Companies Ordinance 244 variation amongst a phrase or phrases required to be part of the title plus a permitted abbreviation of that term or Individuals words (or vice versa) should be to be disregarded. Segment: 660 Criminal consequences of failure to generate necessary disclosures

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Cap 622 - Providers Ordinance 342 (b) to provide discover on the Registrar of any matter. (two) The Registrar, or perhaps a member or creditor of the company, may possibly provide a discover within the company or officer requiring the company or officer to comply with the need. (3) If your company or officer fails to create excellent the contravention inside fourteen days just after service of your discover, the Courtroom could, on software from the Registrar, or by a member or creditor on the company, make an purchase— (a) in the case of the contravention through the company, directing the company and any officer of your company to produce good the contravention inside the time laid out in the get; or (b) in the case of the contravention via the officer, directing the officer to create good the contravention in the time laid out in the order.

(1) An software may very well be produced under part 163 for the new share certification regardless of whether the original certificate was shed ahead of, on or following the commencement day* of that area, Except an software for the new certification experienced currently been produced under section 71A of the predecessor Ordinance in advance of that commencement day*.

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Part 64A in the predecessor Ordinance, as in force promptly just before its repeal, proceeds to apply to an attachment of legal rights to a class of shares prior to the commencement day* of section 184. 31. Variation of class rights: companies and not using a share money

Cap 622 - Firms Ordinance 369 administrators. (3) A reference to share top quality is a reference to any residual share cash in relation into the share. (4) A reference into a correct to your return of funds on a share is often a reference to the proper to a return of money of a price equal to the quantity paid out in regard from the nominal price of the share. (5) A reference into a distribution in a winding up in proportion on the money compensated up on the share can be a reference to a distribution in a winding up in proportion to the quantity compensated in regard of the nominal price of the share. (six) A reference to the aggregate par or nominal price of the company’s issued share money is usually a reference to that combination because it existed quickly prior to the commencement day* of portion a hundred thirty five and— (a) enhanced to just take account with the nominal worth of any shares issued on or after that commencement day*; and (b) lessened to acquire account of the nominal price of any shares cancelled on or after that commencement day*.

(two) With no prescribed acceptance of its members as well as the prescribed acceptance on the Keeping company’s associates, a specified company have to not— (a) make a quasi-bank loan into a director of a Keeping company of your company; or

L.N. 163 of 2013 03/03/2014 (one) An auditor’s report ought to condition, within the auditor’s feeling— (a) if the economical statements are already effectively geared up in compliance with this Ordinance; and (b) particularly, whether or not the economic statements— (i) in the situation of yearly economical statements of a company that does not slide in the reporting exemption with the monetary year, give a genuine and good see on the money situation and economical functionality with the company as expected by part 380; or (ii) in the case of annual consolidated fiscal statements of a company that doesn't tumble in the reporting exemption with the money calendar year, provide a true and honest check out on the economic place and monetary general performance from the company and all of the subsidiary undertakings as demanded by section 380.

Cap 622 - Firms Ordinance 233 (a) the company’s registered Business office; or (b) a prescribed spot. (2) A company ought to notify the Registrar of the position at which the sign-up of users is retained. The observe has to be in the required kind and shipped to the Registrar for registration within just 15 days once the register is initially stored at that put. (3) A company ought to notify the Registrar of any change (aside from a change of the deal with of your company’s registered Business office) from the location at which the sign up of associates is stored. The notice needs to be in the specified type and shipped to the Registrar for registration in fifteen days following the change. (4) Subsection (two) will not demand a company to inform the Registrar of the spot at which the sign up of associates is saved— (a) if, in the situation of the register that came into existence on or after the commencement day* of the portion, it's got at all times been kept in the company’s registered Place of work; company formation usa or (b) if— (i) right away just before that commencement day*, the company saved a sign-up for that applications of portion ninety five with the predecessor Ordinance; and (ii) on and after that commencement date*, that sign up is retained to be a sign up of customers to the needs of segment 627 on the spot at which it was kept immediately before that commencement day*.

five. In the situation of a company that keeps a department sign up of customers in accordance with area 636(1), the particulars from the entries in that register needn't be included in the annual return if copies of These entries haven't been been given for the registered Business of your company. All those particulars ought to, so far as they relate to matters that are needed to be contained from the yearly return, be included in the subsequent annual return after copies of Those people entries are acquired on the registered Place of work from the company. Section two

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Segment 69 with the predecessor Ordinance (so far as it pertains to a transfer of shares), as in pressure instantly right before its repeal, carries on to use to your transfer lodged prior to the commencement date* of section 151. 23. Difficulty of share certification on transfer

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