The New Companies Ordinance (CAP 622) --- Volume IV: Directors, Company Secretaries and Shareholder Remedies A Butterworths Hong Kong Handbook

Cap 622 is here!

The Companies Registry announced on Monday, March 3rd that the New Companies Ordinance, Cap 622 is now in operation.

The New Companies Ordinance represents a major rewrite of Cap 32, providing a modernised legal framework for the incorporation and operation of companies in Hong Kong, with the aim of enhancing corporate governance, ensuring better regulation and providing better facilitation of business operations.

LexisNexis is pleased to provide you with The New Companies Ordinance (Cap 622), A Butterworths Hong Kong Handbook. The series includes five volumes, each examining a particular aspect of Company Law. Each volume contains annotations of a specially selected set of Parts from the Ordinance, complete with an introduction.

Volume IV: Directors, Company Secretaries and Shareholder Remedies

Volume IV considers the restrictions on corporate directorships in private companies and clarifies the standard of directors’ duty of care, skill and diligence. Cap 622 extends the prohibition on loans to directors to cover a wider category of persons connected with a director. This volume also looks at situations where directors may be perceived as having a conflict of interest.

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