Tag: finance
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Does a Shareholders’ Agreement Still Need to Be Complied With if It Is Not Incorporated into the Constitution?
A shareholders’ agreement does not necessarily become irrelevant simply because it is not incorporated into the company’s constitution. However, a shareholders’ agreement and a constitution do not serve the same function, and where important rights are intended to operate through the company’s internal governance framework, non-incorporation may create practical difficulty, uncertainty, or implementation issues.
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Why Each Entity Should Have Its Own Corporate Governance Framework
Corporate governance should not be approached as a copy-and-paste exercise. Even within the same group, each entity remains a separate legal person and operates within its own legal, regulatory, structural, and practical context. A sound governance framework must therefore be properly considered and tailored to the specific entity concerned.
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A Director’s Role Does Not End by Assumption: Why Proper Resignation Process Still Matters
A director’s role does not end simply because the individual assumes it has ended, or because they have resigned from employment with the group. A directorship is a separate legal office, and unless it is properly brought to an end through the appropriate corporate process, the individual may still remain on record as a director,…
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