Examples of UK CA 2006 in a sentence
It is also noted that there is similar concept of “relevant private companies” in the UK CA 2006 where “companies are associated if one is a subsidiary of the other or both are subsidiaries of the same body corporate”.
The UK CA 2006 has dispensed with the restriction against private companies providing financial assistance.
Subject to any requirement under the Act, the provisions of section 793 of the UK CA 2006 shall be deemed to be incorporated into these Regulations and shall bind the Company and the Shareholders and references in such section to “a public company” shall be deemed to be references to the Company.
Given the controversial nature of the issue regarding the codification of directors’ duties and possible implications, members agreed that the issue and whether the UK model should be adopted in Hong Kong should be put out for public consultation.39 See paragraph 3.3(c) and footnote [26] above.40 The UK CA 2006 has introduced a statutory statement of directors’ duties.
The latest UK CA 2006 was issued in 2006 and it is continuously updated3.The second factor is that the legal forms of companies in the UK and KSA are similar, and they can be categorized into the following types: corporations, cooperatives, partnerships, sole traders and limited liability companies.
Therefore, the UK CA 2006 is an old law, and it represents an important source for many countries, especially, developing countries.
The CEO is expected to act within the authorities delegated to him or her by the board.
This simply means, if the majority can ratify an act, the minority cannot sue.22 2.3 Derivative action under the UK Companies Act (2006) Before talking about derivative action under the UK CA 2006, I want to make a clear distinction between the different types of actions that a shareholder can bring as a remedy against injuries.
For these reasons, more massive ( M1 $1.35 M() W UMa stars are an important source to study theoscillation character of contact binaries predicted by TRO.Studies of the orbital period changes of W UMa stars can help us to understand the structure and evolutionary state of this kind of system, since period variations can contribute to the direct q 2001 RAS Table 1.