Disclosure obligation for directors: report appointments or relinquishments in other bodies corporate within twenty days or face penalty. Directors and related officers must disclose to the company, within twenty days of appointment to or relinquishment of an office in another body corporate, the particulars required under the related disclosure provision; the duty extends to persons deemed to be directors and non compliance is punishable by a monetary penalty.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Disclosure obligation for directors: report appointments or relinquishments in other bodies corporate within twenty days or face penalty.
Directors and related officers must disclose to the company, within twenty days of appointment to or relinquishment of an office in another body corporate, the particulars required under the related disclosure provision; the duty extends to persons deemed to be directors and non compliance is punishable by a monetary penalty.
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