Introduction
There are mainly four issues regarding Kimye’s concern, namely methods of investments, directors, Dancing children Happy children and Annual general meetings. Firstly,It is noted that Kimye would like to invest in BIG and BIG doesn’t want to dilute its ownership, hence secondly Kimye wants to be on the board. Thirdly, Kimye would like to open a new company (DCHC).Lastly, Kimye couldn’t attend the AGM notified 5 days ago due to inability to review the documents with the happening of travel accidents.
Methods of investments
1.0 Share Capital
There are mainly three kinds of share capital: preference shares, ordinary shares and redeemable shares. Both preference shareholders and ordinary shareholders have voting rights in general meetings for resolutions …show more content…
Company names cannot be a name that has been taken, has violated trademark, is offensive and constitutes a criminal offence. It should be well noted that the company name has to include the word “limited” since it is not a non-profit companies. “Dancing Children, Happy Children Limited” should be the name of company for incorporation.
3.2 Incorporation
Incorporation of a company requires basic documentation, for instance signed company articles, completed Incorporation form both sent to the Companies’ Registry. The Certificate of Incorporation and Business registration Certificate offered by the registry should then be collected. Kimye should have both the aforementioned documents ready as soon as possible to incorporate the company.
4.0 Annual general meeting
Companies are required to hold annual general meeting within 9 months after its end of its accounting reference period. There are certain exceptions for the requirement of AGM, including dormant companies, only one member in the company and a resolution of not holding AGM has been passed. 4.1Notice