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L.N. 163 of 2013 03/03/2014 (one) If it seems into the Registrar that the data contained in a very doc registered by the Registrar in regard of the company is inconsistent with other facts referring to the company on the Companies Sign-up, the Registrar may possibly give observe into the company— (a) stating in what respect the information contained within the document appears to generally be inconsistent with other info on the Companies Sign-up; and (b) necessitating the company to take methods to solve the inconsistency. (two) For the purposes of subsection (one)(b), the Registrar could demand the company to deliver to your Registrar throughout the period specified in the notice— (a) information necessary to solve the inconsistency; or (b) proof that proceedings are commenced with the company during the Courtroom for the goal of resolving the inconsistency and the proceedings are now being carried out diligently.

Part 57A in the predecessor Ordinance, as in drive instantly before its repeal, continues to use to a share certification, prospectus or directors’ report issued ahead of the commencement day* of area 179. 29. Variation of class legal rights: corporations possessing a share funds

(7) A detect of intent ceases to possess impact if the one that gave the detect— (a) is not a member of your company; or (b) revokes the detect by giving the company a penned see of revocation. (eight) If a member or prospective member doesn't give the company a observe of intent in reaction to your notification before the to start with date on which a duplicate in the reporting paperwork for your financial calendar year is shipped into a member beneath portion 430, the member or prospective member is always to be thought to be— (a) obtaining asked for a duplicate of your summary monetary report for your economic calendar year and every subsequent fiscal 12 months; and (b) owning asked for the summary fiscal report back to be sent via the company in tricky copy variety. (nine) Subsection (8) ceases to possess result in relation to an individual if— (a) the individual is now not a member on the company; or (b) the person offers the company a prepared observe of cessation of statutory election.

Cap 622 - Companies Ordinance 22 forty nine(one) since the correspondence deal with is just not helpful to bring them on the discover with the director, reserve director or company secretary in problem; or (ii) it is necessary or expedient for that withheld tackle to get disclosed in reference to the enforcement of the purchase or decree of the court docket; and (b) Should the Court docket is glad that it is acceptable to make the get. (two) The Court could make an purchase for that disclosure through the Registrar of the withheld identification number— (a) if it's important or expedient to the selection to be disclosed in reference to the enforcement of an get or decree of a court docket; and (b) if the Courtroom is happy that it is acceptable to create the purchase.

Cap 622 - Providers Ordinance 259 more time exceeds the value from the thing to consider specified in those conditions. (3) For the functions of this Division, shares that an affiliate on the offeror, or perhaps a nominee within the offeror’s behalf, retains, or has contracted, unconditionally or issue to ailments currently being content, to acquire, regardless of whether at the day of the takeover provide or subsequently, aren't to be thought to be shares to which offering relates, whether or not offering extends to those shares. This subsection has result matter to subsection (four). (4) To the uses of this Division, exactly where, after a takeover supply is manufactured but ahead of the finish from the supply period of time, an affiliate from the offeror, or even a nominee on the offeror’s behalf, acquires, or contracts unconditionally to obtain, any in the shares to which the supply relates, the shares are to get regarded as shares to which the supply relates if— (a) the worth of your thing to consider for which the shares are obtained, or contracted to become acquired, at some time in the acquisition or agreement, isn't going to exceed the worth on the thing to consider specified in the conditions with the present; or (b) People conditions are subsequently revised in order that in the event the revision is introduced, the worth on the thought for which the shares are acquired, or contracted to be acquired, at time of the acquisition or deal, no longer exceeds the worth on the thought specified in These conditions. Segment: 692 Revised provide never to be thought to be refreshing give L.N. 163 of 2013 03/03/2014 For the uses of the Division, a revision from the conditions of a proposal to accumulate shares is not to be viewed as the creating of a fresh give if— (a) the terms with the offer make provision for— (i) their revision; and (ii) acceptances to the earlier terms being dealt with as acceptances within the revised phrases; and (b) the revision is made in accordance with that provision. Element: Division: Subdivision: 13 4 2 “Squeeze-out” L.N. 163 of 2013 03/03/2014 Portion: 693 Offeror may possibly give detect to obtain out minority shareholders L.N. 163 of 2013 03/03/2014 (one) If, in the situation of the takeover provide that doesn't relate to shares of various classes, the offeror has, by advantage of acceptances from the provide, obtained, or contracted unconditionally to amass, not less than ninety% in number of the shares to which the provide relates, the offeror might give observe for the holder of another shares to which the supply relates the offeror needs to amass Individuals shares.

Area 86 from the predecessor Ordinance, as in power immediately just before its repeal— (a) proceeds to use in relation to an application created by a company, or any person interested, prior to the commencement day* of sections 346 and 347 to the uses of that part 86; and (b) carries on to use, by advantage of section 91 in the predecessor Ordinance as so in power, in relation to an application made by a non-Hong Kong company registered underneath Portion XI on the predecessor Ordinance, or any person interested, prior to that commencement date* for that functions of that segment 86. 71. Discover to Registrar of appointment of receiver or supervisor etc.

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(two) If a company’s auditor is of the opinion that the information inside of a directors’ report to get a monetary calendar year is just not according to the monetary statements to the economical calendar year, the auditor— (a) ought to condition that view while in the auditor’s report; and (b) could deliver that impression for the users’ notice in a common Conference.

(two) If, in the case of a takeover give that relates to shares of different lessons, the offeror has, by advantage of acceptances on the offer, acquired, or contracted unconditionally to amass, not less than ninety% in amount of the shares of any class to which the offer relates, the offeror may well give see on the holder of some other shares of that class to which the supply relates the offeror wants to obtain These shares. (3) If, in the case of a takeover offer you that doesn't relate to shares of various lessons, the offeror has, by virtue of acceptances of your offer, obtained, or contracted unconditionally to obtain, a lot less than 90% in quantity of the shares to which the provide relates, the offeror may possibly implement for the Courtroom for an purchase authorizing the offeror to offer discover for the holder of another shares to which the provide relates the offeror desires to obtain These shares. (four) If, in the situation of a takeover provide that pertains to shares of different courses, the offeror has, by advantage of acceptances of your offer, acquired, or contracted unconditionally to acquire, lower than ninety% in range of the shares of any course to which the present relates, the offeror may possibly implement to the Court docket for an order authorizing the offeror to present notice to the holder of any other shares of that class to which the supply relates which the offeror desires to amass These shares. (5) The Courtroom might, on software underneath subsection (three) or (4), make the order if it is satisfied that— (a) right after realistic enquiry, the offeror has been unable to trace one or more on the people Keeping shares to which the takeover provide relates; (b) had the person, or all All those persons, accepted the takeover provide, the offeror might have, by advantage of acceptances of offering, obtained, or contracted unconditionally to accumulate, at the least ninety% in variety of the shares, or perhaps the shares of any class, to which that provide relates; and

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(3) A letter needs to be resolved— (a) to an authorized consultant from the registered non-Hong Kong company whose essential particulars are demonstrated in the Companies Sign-up; or (b) if no demanded aspects of licensed representatives with the company are shown in the businesses Sign up, to anywhere of company established with the company in Hong Kong. (4) The Registrar just isn't necessary to send a letter towards the registered non-Hong Kong company under subsection (2)(a) In case the Registrar is in the viewpoint which the letter is not likely to become received from the company. Area: 798 Registrar may possibly strike off registered non-Hong Kong company’s title

(8) Subsection (six) won't render faulty any authorized proceedings by or towards the registered non-Hong Kong company. If you will find any authorized proceedings That may are actually commenced or ongoing by virgin islands company formation or against that company with the corporate identify or maybe the aged authorized name, People proceedings may very well be commenced or ongoing by or from it by The brand new authorised identify in relation into the corporate identify. Section: Division: sixteen 5 Licensed Associates of Registered Non-Hong Kong Firms

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On and after the commencement day* of portion 648, a sign up of directors and secretaries held by a company