WebSection 127(1) provides that a company may execute a document under its common seal. If a company chooses to execute a document under its common seal, the seal must be affixed in accordance with the provisions of its articles (section 127(2)). However, a company … WebFeb 20, 2014 · Common seal optional. Section 124 of the New CO makes the keeping and use of a common seal optional. Overseas seal. Section 125 allows a company to have an official seal for use outside Hong Kong, removing the restrictions under the Old CO. Execution of documents by company. Section 127 provides that a company may execute …
What is a common seal and do you need it? - Sleek Hong Kong
Webd) “THE SEAL” means the Common Seal of the company. e) “THE ORDINANCE” means the Companies Ordinance, 1984. f) “THE COMMISSION” means the Securities and Exchange Commission of Pakistan. g) "THE MINISTRY" means the Ministry of Housing & Works, Government of Pakistan. h) “THE REGISTRAR” means the Registrar of … WebDec 16, 2024 · Particular rules govern the execution of deeds and documents by individuals, companies incorporated under the Companies Ordinance (Cap 622) (CO), other … dyson stick vacuum tool holder
Is a Company or Common Seal still needed in Hong Kong?
WebMaking the keeping and use of a common seal optional and relaxing the requirements for a company to have an official seal for use abroad (Sections 124, 125 and 127) Position under Cap. 32 . 18. Section 93(1)(b) of Cap. 32 stipulates that every company shall have a common seal with the company name engraved in legible characters. Further, WebIn Hong Kong, a corporate seal, sometimes also called a company seal or even a common seal. It can act as the official signature of the corporation. A company seal is used to … WebAccording to s. 93 (1) (b) of the Companies Ordinance (Cap. 32), each company must maintain a Common Seal as its corporate seal, on which, it must engraved legible characters of its company name. Clause 114 of Table A further provides that, the Board of Directors should set a policy guideline to govern the use of Common Seal of the … dyson stick vacuum with fluffy