MA references Flashcards
1
Q
Quorum for directors meetings
A
Plc 10, Ltd 11
2
Q
Authority to convene Board meetings usually delegated to company secretary
A
Plc 9, Ltd 8
3
Q
Committee Terms of Reference, delegation of directors’ authorities
A
Plc 5, Ltd 6
4
Q
One third of directors must retire by rotation each year; all directors must stand for rotation every three years
A
Plc 21
5
Q
Company may indemnify every director or officer against any civil or criminal proceedings
A
Plc 85, Ltd 52
6
Q
Directors have power to appoint executive directors
A
Plc 23, Ltd 19
7
Q
Ltd not permitted to issue nil or partly paid shares
A
Ltd 21
8
Q
Procedure for calls on shares
A
Plc 54-62
