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Download 501 Questions and Answers for Company Secretaries and by Roger Mason PDF

By Roger Mason

ISBN-10: 1854186736

ISBN-13: 9781854186737

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Additional resources for 501 Questions and Answers for Company Secretaries and Company Directors, Second Edition

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All directors (including non-executive directors) are always officers, and so are all company secretaries. A company’s auditor is an officer for just some purposes. The position of managers varies according to circumstances. If there is an active board of directors running the company on a day to day basis, the managers would probably not be held to be officers. On the other hand, if the board is totally non-executive, a general manager with day to day control would almost certainly be an officer.

Can a valid board meeting be held without all the directors being in the same place? 208 410. Can a board meeting be held without all the directors being informed? 208 411. How frequently should the board meet? 209 412. Can a formal board meeting ratify the business done at an informal meeting? 209 413. I am sure that there have been many interesting cases about board meetings. Would you tell me about one of them? 209 414. I have read the questions and answers in this section about board meetings and in many respects my board does not operate in the required way.

A CIC is not able to have charitable status. However, charities are able to have CICs as subsidiaries. 461-501 • 430-460 • 367-429 • 343-366 • 322-342 • 289-321 • 234-288 • 185-233 • 96-184 • 37-95 • 1-36 17 4. A CIC is required to produce an annual community interest company report. This is publicly available at Companies House. 5. A CIC is prohibited from distributing any profits to its members. However, a CIC that is limited by shares does have the option of issuing dividend-paying “investor shares”.

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