Consibee (Oxford) Ltd v Tait [1997] 2 BCLC 349 * Civil and Criminal Liabilities of Directors 2) Cases illustrating companies have collapsed due to poor management. I. The Satyam Computer Services scandal was a corporate scandal that occurred in India in 2009 where Chairman Ramalinga Raju confessed that the company's accounts had been falsified. II. Centro Properties Group directors breached their directors’ duties in failing to accurately disclose the company’s liabilities to shareholders
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first appointed to the Board on 1 July 1999 and last re-elected as a Director on 17 April 2008. On 1 July 2003, he was appointed Chairman, after having served as Vice Chairman from 26 March 2002 to 30 June 2003. Dr Cheong brings with him a wealth of experience gained in his extensive career, including 29 years at Singapore Airlines Ltd, where he last held the position of Deputy Chairman and Chief Executive Officer. He is a Director of several companies, including Great Eastern Holdings Ltd. Dr Cheong
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Executive summery The paper represents the process of the planning and organizing of Beximco Pharmaceuticals, Beximco Pharmaceuticals Limited (BPL/ the Company) was incorporated as a public limited company in Bangladesh in 1976. It commenced its manufacturing operation in 1980. The company was listed with Dhaka Stock Exchange in 1985 and with Chittagong Stock Exchange on its debut in 1995. Beximco Pharmaceutical Ltd is the manufacturer and marketer of pharmaceutical product under chemical divisions
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QUESTIONS FOR THE MANAGING DIRECTOR i ii iii 1-2 2 2 2 2 3-6 4 5 5 5 5-6 6 7-31 8 9 9 9 9 10 10 11 3.9 SEGMENTAL REVIEW OF PRODUCTS 3.10 RISK MANAGEMENT AT RAK CERAMICS (BANGLADESH) 3.11 CORPORATE AND SOCIAL RESPONSIBILITY 3.12 VALUES 3.13 PROFILE OF BOARD OF DIRECTORS 3.14 EXECUTIVE MANAGEMENT 3.15MANAGEMENT DISCUSSION 3.16 ANALYSIS OF FINANCIAL STATEMENTS 3.17 STATEMENT OF SUBSIDIARIES AND ASSOCIATES 3.18 VALUE ADDED STATEMENT OF RAK CERAMICS (BANGLADESH) LTD. 3.19 DIRECTORS’ REPORT 3.20 CORPORATE
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of Directors should be independent from current/former executives to commit to high standards of corporate governance. There should have different Boards including the Board of Executives which is responsible for day-to-day activities and Board of Directors elected by the shareholders for supervising the Board of Executives. The Board of Directors holds the highest authority in the management of the corporation. The Executive Boards are responsible for operating business activities, managing staffs
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would only need $10M of the $20M in the initial exploration phase but would require the further $10M in the critical operational phase that would follow. Butch was uncertain as to the type of company he should register. He planned to be the Managing Director of the company and to have his close friend Patsy as Chairman. Butch wanted to keep the affairs of the company confidential and retain control of its management but without the large amount of capital required, the company would not be able to
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Houtven INTERNATIONAL MONETARY FUND Washington, D.C. 2002 ISBN 1-58906-130-6 ISSN 0538-8759 August 2002 The views expressed in this pamphlet, including any legal aspects, are those of the author and should not be attributed to Executive Directors of the IMF or their national authorities. Cover design and typesetting: IMF Graphics Section Please send orders to: International Monetary Fund, Publication Services 700 19th Street, N.W., Washington, D.C. 20431, USA Tel.: (202) 623-7430 Telefax:
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President, Institute of Cost and Management Accountants of Bangladesh. President, Dhaka Stock Exchange. President, Chittagong Stock Exchange. Chairman, Central Depository Bangladesh Ltd. Dr. Mustafizur Rahman, Centre for Policy Dialogue. Managing Director, Investment Corporation of Bangladesh. President, Bangladesh Association of Banks. President, Bangladesh Insurance Association. Dr. Zaidi Sattar, Chairman, Policy Research Institute. Mr. Moazzem Hossain, Editor, The Financial Express
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three members are the directors and Betty who is major shareholder holds 40% followed by Charlie and Doris who hold 20% each while the 20% is held by the rest. Based on the company constitution, a managing director has capacity to enter into a contract o behalf of the company up to a maximum of $100,000. Moreover, he/she can enter into contracts to the value of $900,000 upon getting consent for the board of directors. In this case, Bechdo Pty Ltd operates without a managing director since none was elected
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Edition: 1 - First with the news Section: Finance, pg. 035 'ASIC suspects that the defendants, as executive directors of One.Tel, may have concealed the true financial position of One.Tel from the market . . . and from at least one of the non-executive directors -- ASIC senior investigator Peter Connor' COLLAPSED telco One.Tel may have been insolvent up to six months ago, joint administrator
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