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Page 124

CHAPTER 11
DIRECTORS

company or to enable the director to perform his duties properly.In the two latter cases, the company in general meeting must approve or, if it does not, the loan must be repaid within six months of the next general meeting after the loan.
Particulars of loans to directors and other officers must be shown in, the accounts (s. 197).

Disclosure of Directors' Fees.-Any provision in the articles as to the directors' remuneration must be disclosed in every prospectus issued by the company. Further, the accounts which must be laid before the company in general meeting must show (s. 196) :
(a) The aggregate amount of the directors' emoluments. These include fees and percentages, expenses, contributions paid in, respect of the directors under any pension scheme, and the estimated money value of any other benefits received otherwise than in cash. The accounts must distinguish between. emoluments in respect of services as directors and other emoluments such as sums received by the directors as salaried employees of the company.
(b) The aggregate amount of directors' or past directors' pensions,_ This does not include pensions paid under a pension scheme where the contributions are substantially adequate for the maintenance of the scheme.
(c) The aggregate amount of any compensation paid to directors or, past directors for loss of office. This includes sums paid on a director's retirement from office.

These amounts must include all relevant sums received from the company, the company's subsidiaries and any other person. The amount shown under (c) above must distinguish between sums receivable from the company, the company's subsidiaries and other persons.

POSITION OF DIRECTORS
As a company has no physical but only a legal existence, the management of its affairs must be entrusted to human instruments who~ are called " directors." The exact position of directors with regard to the company is rather hard to define. They are not servants of the company, but are rather in the position of managers or " managing

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where is HTML where is HEAD where is TITLE company or to enable what is director to perform his duties properly.In what is two latter cases, what is company in general meeting must approve or, if it does not, what is loan must be repaid within six months of what is next general meeting after what is loan. Particulars of loans to directors and other officers must be shown in, what is accounts (s. 197). Disclosure of Directors' Fees.-Any provision in what is articles as to what is directors' remuneration must be disclosed in every prospectus issued by what is company. Further, what is accounts which must be laid before what is company in general meeting must show (s. 196) : (a) what is aggregate amount of what is directors' emoluments. These include fees and percentages, expenses, contributions paid in, respect of what is directors under any pension scheme, and what is estimated money value of any other benefits received otherwise than in cash. what is accounts must distinguish between. emoluments in respect of services as directors and other emoluments such as sums received by what is directors as salaried employees of what is company. (b) what is aggregate amount of directors' or past directors' pensions,_ This does not include pensions paid under a pension scheme where what is contributions are substantially adequate for what is maintenance of what is scheme. (c) what is aggregate amount of any compensation paid to directors or, past directors for loss of office. This includes sums paid on a director's retirement from office. These amounts must include all relevant sums received from what is company, what is company's subsidiaries and any other person. what is amount shown under (c) above must distinguish between sums receivable from what is company, what is company's subsidiaries and other persons. POSITION OF DIRECTORS As a company has no physical but only a legal existence, what is management of its affairs must be entrusted to human instruments who~ are called " directors." what is exact position of directors with regard to what is company is rather hard to define. They are not servants of what is company, but are rather in what is position of managers or " managing where is meta name="keywords" content="old books, Free book , free book offer , free audio books , free coloring book pages , free book reports , free audio book , audio books free download , book free , free guest book , books free , free book summaries , download free audio books , free childrens books." where is where are they now rel="stylesheet" type="text/css" href="../../style.css" where is meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1" where is BODY bgColor=#ffffff text="#000000" where are they now ="#000000" v where are they now ="#FF0000" where is div align="center" where is strong where is strong where is a href="http://www.aaoldbooks.com" Books > where is a href="../default.asp" title="Book" Old Books > where is strong where is a href="default.asp" Poetry Northwest (1959) where is table width="700" border="1" align="center" cellpadding="15" cellspacing="0" where is center where is tr where is td width="160" align="center" valign="top" where is div align="center" where is td align="center" valign="top" where is div align="left" where is div align="center" where is p align="left" Page 124 where is strong CHAPTER 11 DIRECTORS where is p align="justify" company or to enable what is director to perform his duties properly.In what is two latter cases, what is company in general meeting must approve or, if it does not, what is loan must be repaid within six months of what is next general meeting after what is loan. Particulars of loans to directors and other officers must be shown in, what is accounts (s. 197). Disclosure of Directors' Fees.-Any provision in what is articles as to what is directors' remuneration must be disclosed in every prospectus issued by what is company. Further, what is accounts which must be laid before what is company in general meeting must show (s. 196) : (a) what is aggregate amount of what is directors' emoluments. These include fees and percentages, expenses, contributions paid in, respect of what is directors under any pension scheme, and what is estimated money value of any other benefits received otherwise than in cash. The accounts must distinguish between. emoluments in respect of services as directors and other emoluments such as sums received by the directors as salaried employees of what is company. (b) what is aggregate amount of directors' or past directors' pensions,_ This does not include pensions paid under a pension scheme where what is contributions are substantially adequate for what is maintenance of what is scheme. (c) what is aggregate amount of any compensation paid to directors or, past directors for loss of office. This includes sums paid on a director's retirement from office. These amounts must include all relevant sums received from the company, what is company's subsidiaries and any other person. what is amount shown under (c) above must distinguish between sums receivable from what is company, what is company's subsidiaries and other persons. POSITION OF DIRECTORS As a company has no physical but only a legal existence, what is management of its affairs must be entrusted to human instruments who~ are called " directors." what is exact position of directors with regard to what is company is rather hard to define. 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