C8) Companies Ownership and Management Flashcards
(4 cards)
1
Q
What is a ‘De facto director’?
A
Someone who acts a s a director but isnt appointed as one
2
Q
What is a ‘DE Jure Director’?
A
A director who has been appointed following the correct legal procedure
3
Q
How many directors does a Private and Public Company have to have as a minimum?
A
Private =1
Public = 2
4
Q
What are the requirements for removal of a director?
A
Ordinary resolution with special notice
