About hong kong listing rules company secretary
(four) If somebody is charged having an offence underneath subsection (three), it is a defence to determine the member or member’s particular representative (as the case may be) had Earlier made A different desire with the document worried and had been delivered having a duplicate on the document. Section: 436 Need in reference to publication of financial statements and so on.
L.N. 163 of 2013 03/03/2014 (1) The Registrar ought to make the Companies Sign-up accessible for general public inspection at all realistic times to be able to permit any member of the public— (a) to ascertain whether or not the member of the general public is dealing with— (i) a company to which this subsection applies, or its administrators or other officers, in matters of or connected with any act on the company; (ii) a director or other officers of such a company in issues of or linked Together with the administration of your company, or of its home; (iii) anyone in opposition to whom a disqualification order has become produced by a courtroom;
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(one) For the reasons of the Ordinance, an enterprise is actually a subsidiary endeavor of A different undertaking if that other undertaking can be a dad or mum enterprise of it. (2) For the reasons of the Ordinance, an enterprise is usually a subsidiary undertaking of An additional endeavor if a father or mother endeavor of This is a subsidiary endeavor of that other undertaking.
(2) For the purpose of implementing this Ordinance to the company stated in subsection (1), a reference in this Ordinance into the date of registration would be to be read given that the day on which the company was registered underneath the former Companies Ordinance.
Section 86 with the predecessor Ordinance, as in power promptly before its repeal— (a) proceeds to apply in relation to an software made by a company, or anyone fascinated, before the commencement date* of sections 346 and 347 for the uses of that area 86; and (b) proceeds to apply, by advantage of segment 91 of your predecessor Ordinance as so in pressure, in relation to an application created by a non-Hong Kong company registered beneath Component XI with the predecessor Ordinance, or anyone intrigued, ahead of that commencement date* with the functions of that section 86. 71. Detect to Registrar of appointment of receiver or manager and so on.
As a business operator, you’ll ought to post two reviews and a single audit each year. Even When you have no transactions, you continue to ought to submit annual stories: put together unaudited accounts, have an external auditor critique them, and file Financial gain Tax Return.
L.N. 163 of 2013 03/03/2014 (one) The Registrar may possibly by recognize in writing immediate a company to change, inside the period of time specified in the discover, a name below which the company is restored to the businesses Sign-up below this Division if— (a) the name is, as at the time in the restoration, similar to or during the Registrar’s impression as well just like a identify that appeared or should have appeared from the index of names kept underneath segment 22C of the predecessor Ordinance or from the Index of Company Names; or (b) the name is, as at some time with the restoration, the same as or from the Registrar’s view far too like a name of the physique corporate incorporated or established less than an Ordinance.
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(2) In this particular Aspect, a reference into the billed house of a non-Hong Kong company registered under Part XI from the predecessor Ordinance is really a reference to— (a) the home in Hong Kong from the company and topic to a demand made because of the company, other than house that was not in Hong Kong if the cost was produced; or (b) the property in Hong Kong of your company and subject matter into a charge that subsisted when the residence was acquired via the company, other than home which was not in Hong Kong when it was so obtained. 63. Cost developed by company
Cap 622 - Organizations Ordinance 68 company. Section: 195 Group reconstruction aid L.N. 163 of 2013 03/03/2014 (one) This portion applies if an issuing company— (a) is an entirely owned subsidiary of another company (the holding company); and (b) challenges shares— (i) towards the holding company; or (ii) to another wholly owned subsidiary of the holding company, in thing to consider for your transfer into the issuing company of non-money belongings of a company (the transferor company) That may be a member in the group of firms that comprises the Keeping company and all its wholly owned subsidiaries. (two) Any excess of the value on the belongings transferred more than their Web base value may be disregarded when recording as share cash in the issuing company the level of thing to consider for the issue through the issuing company of its shares. For that reason, the minimum amount quantity of consideration necessary to be recorded as share cash with the issuing company in respect from the shares issued with the transfer is The web base price of the belongings transferred. (3) The net foundation value of the property transferred is the amount by which the base value of the assets transferred exceeds the base price of any liabilities in the transferor company assumed via the issuing company as consideration to the belongings transferred. (four) For the reasons of the segment— (a) The bottom price of belongings transferred could be the lesser of— (i) the cost of These property for the transferor company; (ii) the quantity at which These assets are mentioned while in company formation in dubai the transferor company’ s accounting records immediately ahead of the transfer; (b) the base value of liabilities assumed is the amount at which They are really mentioned while in the transferor company’s accounting records promptly prior to the transfer. Portion: 196 Merger reduction L.N. 163 of 2013 03/03/2014 (one) This section applies if an issuing company has secured no less than a 90% fairness Keeping in A further company less than an arrangement providing for The difficulty of fairness shares while in the issuing company on phrases that the consideration for the shares issued is always to be presented— (a) by The problem or transfer on the issuing company of equity shares in another company; or (b) through the cancellation of any fairness shares in the other company not held by the issuing company.
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Sections 290C and 290D on the predecessor Ordinance, as in power instantly prior to their repeal, carry on to use in relation to your disclaimer of the Government’s title to any property or ideal (besides immovable house) vested in the Government ahead of the commencement day* of Division 3 of Part fifteen below section 292 of your predecessor Ordinance. 129. Placing off