Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Public Company Directors Numbers
- This topic has 6 replies, 2 voices, and was last updated 9 years ago by MikeLittle.
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- December 3, 2015 at 6:39 am #287123
Hello Sir
How are you? I need to ask that how much minimum directors a Public company should have ? I studied from LSBF they say its 2 and in BPP book its written 1. Please guide me Sir,
ThanksDecember 3, 2015 at 8:06 am #287153I firmly believe that it’s still 2 although I sometimes try to search it on the Internet, but with no confirmatory success
December 3, 2015 at 11:15 am #287212The Bpp kit and slaybus is wrong? And Lsbf teacher is right ?
December 3, 2015 at 11:21 am #287215Well certainly one of them is wrong (what’s a slaybus?)
December 6, 2015 at 6:25 pm #288281BBP Slaybus
December 6, 2015 at 6:31 pm #288282I have a question Sir
A company has created various charges in favour of various lenders. The charges are on some of the same assets of the company. These assets are, in total, not sufficient to satisfy the claims of all the chargees.
Which of the following is not correct.
A) In general fixed charges take priority over floating charges
B) in general charges of the same type rank in order of creation
C) in General charges of the same type rank in order of registeration at companies house.
Why B is not right and Why C is right in this question Sir?December 6, 2015 at 7:14 pm #288295Order of creation is important!
I’m sure it used to be the case that date of registration was paramount but nowadays it’s date of creation that is important
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