Thursday, August 28, 2014

Certain freecell public company which law question arose place prior to the commencement of the Ame


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Certain freecell public company which law question arose place prior to the commencement of the Amendment No. 16 of the Companies Law Member of External Director, whose brother's mate (before the entry into force of the Amendment No. 16 is not considered to be close to her) has a business relationship with a company controlled by control freecell of the company, when the business relationship began before the entry into force of the Amendment No. 16 and continue in the present, ie during the term of office.
In October 2011, his reply was given at the request freecell of the Securities of the Company's preliminary guidance on this issue. Authority staff said that in light of Article 80 and Amendment 17 of the Companies Law, will not interfere if you continue and will serve as an outside director of the Company until the date of the first meeting after the date of entry of Amendment No. 16 effective freecell or within one year from the said date, whichever is later. Authority's freecell staff, The purpose of the section is intended to allow a reasonable time to find a worthy replacement external director appointing him.
Inbal score for the 1995 attorney specializing in corporate and securities freecell law. Lecturer and consultant in the areas of corporate governance. Founder and director of "Dirktika", editor-house training on companies, securities and corporate governance, boards freecell of directors and managements freecell of public companies, freecell government, other corporations and firms of professionals. Professor of Law, Ono Academic College. Academic Director and Lecturer in courses for training directors, officers, legal advisers, secretaries of companies and lawyers. Is a member of the Bar Association. View my complete profile
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