F4ENG Chapter 11 Questions
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It is understandable that a public co. or any company can be partner in partnership by contributing capital and receiving profit from it.
But what I am asking is how can a public company be a qualification for secretary of public company.
Senario 1: Is it possible that Xyz PLC be secretary in Xyz PLC ( it means company is secretary in its own company).
Senario 2: Is it possible that Xyz PLC can be secretary in Abc PLC ( it means company is secretary in another company.
Qualification was on my mind.
Because that’s what the law says! Just because “secretary” in your mind is a pretty young girl does not mean that you are correct!
You could have asked “How can a public company be a partner in a partnership?” Why not? It’s a legal person in law!
It is understandable that a public co. or any company can be partner in partnership by contributing capital and receiving profit from it.
But what I am asking is how can a public company be a qualification for secretary of public company.
Senario 1: Is it possible that Xyz PLC be secretary in Xyz PLC ( it means company is secretary in its own company).
Senario 2: Is it possible that Xyz PLC can be secretary in Abc PLC ( it means company is secretary in another company.
Qualification was on my mind.
Only scenario 2 is possible
“or any company can be partner in partnership by contributing capital and receiving profit” – tell me, is it the company that is making the contribution or is it those in charge of the company that are making the contribution on behalf of the company?
When was the last time you saw two companies walking down the road, hand-in-hand business partners
Which of the following options is not considered by statute to be an appropriate qualification for the Secretary of a public company?
Option 1: Any person with an equivalent foreign qualification
Option 2: Any person that the directors believe is capable of fulfilling the duties of company Secretary of public company
Option 3: A public limited company
Option 4: All of the options are considered appropriate
System says all of the options are considered appropriate( option 4 )
How can a public limited company be a qualification.