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What are the three consequences there could be for the company or its directors?
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Which business sector does Cadbury's fit into primary or secondary sector?
its private business it is all three of the sectors in side company
What are the three main types of business organisation?
1.Sole Proprietor or Sole Trader 2.Partnership 3.Corporation or Company
Who owns Exxon Mobil?
1,451 institutions hold 3,156,802,560 shares of XOM (Exxon's ticker). That's about half of its total shares outstanding. But out of this handful of institutions, you can be assured that approximately 4 million American's hold shares of the Company's stock, mostly in the form of their pension or 401(k) (the top three holders of the stock (Barclays, State Street, and Vanguard) are titanic mutual fund and index fund providers). What about the other half? Retail investors. Your neighbor, your friend, your co-worker. In fact, Exxon is one of the most widely held stocks, with a very high "float," meaning "insiders" (company directors) own very little compared to their peers.
What is the secreatry's role in business?
The duties of the person responsible for company secretarial matters are not defined specially within company law. However, these may be divided generally into three main areas:maintaining statutory registerscompleting and filing statutory formsmeetings and resolutions.
Is an insurance company allowed to charge a new customer an additional surcharge on their policy because they were with their last insurance company three years instead of five years?
Yes, however, it is not an actual surcharge. Prior insurance is a rating factor and determines what rating tier you are put into. It can be based on time with the other company, your bodily injury limits with the other company and if you've ever had any lapses in insurance.
What are the consequences to management if they do not abide by current legislation and regulations?
The company will almost certainly have broken some part of the Health & Safety at Work Act 1974 for failing to keep its employee safe. Obviously you can't imprison a company, but its directors can be prosecuted for failing to ensure a safe workplace and the punishment on conviction would be a large fine. If the company isn't insured for employee accidents, it could be prosecuted for that too. That takes account of criminal law. In civil law the employee can sue for compensation. So that's potentially three court cases the company could end up in, all very expensive
Can a company increase its maximum number of directors in its board?
A company, at a general meeting may, by ordinary resolution, increase or reduce the number of its directors within the limits fixed in that behalf by its articles.Increase in number of directors to require Government sanctionIn the case of a public company, or a private company which is a subsidiary of a public company, any increase in the number of its directors, beyond the maximum number of directors permitted by the Articles of the Company as first registered, shall not have any effect unless approved by the Central Government and shall become void if, and in so far as, it is disapproved by that Government.However, where such permissible maximum is 12 or less, no approval of the Central Government is required provided the increase does not increase the number of directors beyond 12.Additional directorsThe Board of directors may appoint additional directors if such power is conferred on it by the articles of the company. Such additional directors shall hold office only up to the date of the next annual general meeting of the company.Provided further that the number of the directors and additional directors together shall not exceed the maximum strength fixed for the Board by the articles.Filling of casual vacancies among directorsIn the case of a public company or a private company which is a subsidiary of a public company, if the office of any director appointed by the company in general meeting is vacated before his term of office will expire in the normal course, the resulting casual vacancy may, in default of and subject to any regulations in the articles of the company, be filled by the Board of directors at a meeting of the Board.Any person so appointed shall hold office only up to the date up to which the director in whose place he is appointed would have held office if it had not been vacated as aforesaid.Appointment and term of office of alternate directorThe Board of directors of a company may, if so authorised by its articles or by a resolution passed by the company in general meeting, appoint an alternate director to act for a director during his absence for a period of not less than three months from the State in which meetings of the Board are ordinarily held.An alternate director so appointed shall not hold office for a period longer than the period for which the original director hold office and vacate office if and when the original director returns to the State in which meetings of the Board are ordinarily held.Appointment of directors to be voted on individuallyAt a general meeting of public company or of a private company which is a subsidiary of a public company, each director has to be appointed separately by a separate resolution. However, appointment of more than one director through the same resolution will be valid if it has been passed unanimously. A resolution moved in contravention of the aforesaid provision shall be void, whether or not objection was taken at the time to its being so moved:Consent of candidate for directorship to be filled with RegistrarA person shall not act as director of a company unless he has, by himself or by his agent authorised in writing, signed and filed with the Registrar, a consent in writing to act as such director within 30 days of his appointment. This provision shall not apply to a private company unless it is a subsidiary of a public company.Option to company to adopt proportional representation for the appointment of directorsIf the articles of a company provide for the appointment of not less than two-thirds of the total number of the directors of a public company or of a private company which is a subsidiary of a public company, according to the principle of proportional, representation, whether by the single transferable vote or by a system of cumulative voting or otherwise. Such appointments may be made once in every three years and interim casual vacancies being filled by the Board of Directors as Casual Vacancies. This may enable minority shareholders to have a proportional representation on the Board of Directors of the company.
What are three possible consequences of insufficient knowledge of a company product or service?
Ypu might lose a customer You may also contradict the product You can be falsely advertising
What is the case Kinsela v Russell Kinsela Pty Ltd?
a case cited with approval in a number of jurisdictions, the New South Wales Court of Appeal was faced with a claim against directors who, on behalf of their company, entered into a lease of the company's premises in favor of themselves for a three-year period with a three-year option at a rental which was well below the current market rental. At the time the company was in a financially precarious state. Shortly after the lease was given the company entered liquidation pursuant to a winding-up order. Subsequently, the liquidator sought a declaration that the lease was voidable. Street C.J., in delivering the leading judgment, found against the directors of the company because of the fact that the company was clearly insolvent when the lease was executed. His Honour left open the door for extending the scope of the duty to encompass other states of financial distress short of insolvency, preferring not to comment on the degree of financial instability required before a duty was imposed on directors, as he was not required to do so given the facts of the case. this is what i could found ,i hope it helps
What are three important consequences of the citric?
what are 3 important consequences of the citric acid cycle
What three specific job position do you target from this company?
There are many job positions that a person can target from a company. Three specific ones could be secretarial, sales, or marketing.
Can a company increase its maximum number of directors on its board?
A company, at a general meeting may, by ordinary resolution, increase or reduce the number of its directors within the limits fixed in that behalf by its articles. Increase in number of directors to require Government sanctionIn the case of a public company, or a private company which is a subsidiary of a public company, any increase in the number of its directors, beyond the maximum number of directors permitted by the Articles of the Company as first registered, shall not have any effect unless approved by the Central Government and shall become void if, and in so far as, it is disapproved by that Government. However, where such permissible maximum is 12 or less, no approval of the Central Government is required provided the increase does not increase the number of directors beyond 12. Additional directorsThe Board of directors may appoint additional directors if such power is conferred on it by the articles of the company. Such additional directors shall hold office only up to the date of the next annual general meeting of the company. Provided further that the number of the directors and additional directors together shall not exceed the maximum strength fixed for the Board by the articles. Filling of casual vacancies among directorsIn the case of a public company or a private company which is a subsidiary of a public company, if the office of any director appointed by the company in general meeting is vacated before his term of office will expire in the normal course, the resulting casual vacancy may, in default of and subject to any regulations in the articles of the company, be filled by the Board of directors at a meeting of the Board. Any person so appointed shall hold office only up to the date up to which the director in whose place he is appointed would have held office if it had not been vacated as aforesaid. Appointment and term of office of alternate directorThe Board of directors of a company may, if so authorised by its articles or by a resolution passed by the company in general meeting, appoint an alternate director to act for a director during his absence for a period of not less than three months from the State in which meetings of the Board are ordinarily held. An alternate director so appointed shall not hold office for a period longer than the period for which the original director hold office and vacate office if and when the original director returns to the State in which meetings of the Board are ordinarily held. Appointment of directors to be voted on individuallyAt a general meeting of public company or of a private company which is a subsidiary of a public company, each director has to be appointed separately by a separate resolution. However, appointment of more than one director through the same resolution will be valid if it has been passed unanimously. A resolution moved in contravention of the aforesaid provision shall be void, whether or not objection was taken at the time to its being so moved: Consent of candidate for directorship to be filled with RegistrarA person shall not act as director of a company unless he has, by himself or by his agent authorised in writing, signed and filed with the Registrar, a consent in writing to act as such director within 30 days of his appointment. This provision shall not apply to a private company unless it is a subsidiary of a public company. Option to company to adopt proportional representation for the appointment of directorsIf the articles of a company provide for the appointment of not less than two-thirds of the total number of the directors of a public company or of a private company which is a subsidiary of a public company, according to the principle of proportional, representation, whether by the single transferable vote or by a system of cumulative voting or otherwise. Such appointments may be made once in every three years and interim casual vacancies being filled by the Board of Directors as Casual Vacancies. This may enable minority shareholders to have a proportional representation on the Board of Directors of the company.
Who is the only actor to have worked with three of the greatest directors of all time the directors being John Ford Howard Hawks and Alfred Hitchcock?
Barry Fitzgerald
How is the Federal Deposit Insurance Corporation organized?
the FDIC is run like a private company by a five-member board of directors that includes the Comptroller of Currency, the Director of the Office of Thrift Supervision, and three presidential appointees.
What are the least three consequences of ozone depletion?
Three consequences of ozone depletion are:Skin cancerEye cataractSuppression of Immune system
Who is the independent auditor for JCPenney Company Incorporated?
The company's stockholders also re-elected four directors for a three-year term. The ratification of the appointment of KPMG LLP as independent auditor for the fiscal year ending 3 February 2007 was also completed. -- BASED ON WEBSITE
What TV show replaced Three's Company on ABC?
It could been Who's the Boss? because Who's the Boss pilot was on air 2 days before the final episode of Three's Company
