Duty to Declare Interest in Proposed Transactions Flashcards
(4 cards)
1
Q
What section is duty to declare interest in proposed transactions?
A
Section 177 CA 2006
2
Q
What does this depend on?
A
If Aisha did this
3
Q
When would Aisha needed to have declared this?
A
Before the transaction took place
4
Q
What else would Aisha have needed?
A
Shareholder approval for substantial property transaction