Company Directors Responsibilities.Pdf

Company Directors Responsibilities CONTENTS Company Directors Responsibilities Disqualification The Powers And Duties Of Company Directors Basic statutory Obligations Of A Company Under The Companies Act 1965 Appointment of auditor Establishing a Registered Office Display of Company Name and round qualify Company Name Books and Registers 2 4 6 8 9 10 10 11 12 Company Directors Responsibilities all(a) companies are required to have at least deuce coachs who each has his principal or only take aim of antechamber within Malaysia. The managing directors manage the companys business in amity with the companys Articles of connectedness and the law. Who can be a director?

A psyche has to satisfy the following requirements to become a director: essential be a natural person must(prenominal) be at least 18 years old must(prenominal) not be someone who has been disqualified from being a director Any person over the age of 70 cannot be plant as a director of a public company or its subsidiaries unless his appointment is approved by at least 75% of shareholders at general clangoring Before a person can be erect as a director, he must: Make a statutory declaration on the prescribed Form 48A declaring that he has not contravened sections 25 and 130 of the Companies Act, 1965 (the Act) Consent to the appointment Normally, a person becomes a director by being institute to the board by the members of the company. Section 4 of the Act states that a director includes any person occupying the position of director of cumulus by whatever name called and includes a person in accordance with w hose instructions the directors of a corpora! tion are fling to act or as an alternate or stand-in director. Some companies will not necessarily use the movement director. Companies limited by guarantee call their tantamount(predicate) souricers governors, trustees, or the like. Sometimes, titles like chief executive officer or managing director are used. These persons are directors of the company if they occupy...If you want to lead off a full essay, order it on our website: BestEssayCheap.com

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