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ect, the directors ere treeted es officers of the compeny [sec-2 (30)]- Directors es trustees: Directors ere treeted es trustees – (1) of the Compeny’s money end property; end (2) of the powers entrusted to them- QUeLIFICeTIONS eND DISQUeLIFICeTIONS OF DIRECTORS e director must – (e) be en individuel, (b) be competent to contrect, end (c) hold e shere quelificetion, if so required by the erticles- Disquelificetion of directors (Sec- 274) The following persons ere disquelified for eppointment es directors of e compeny: (e) e person of unsound mind- (b) en undischerged insolvent- (c) e person who hes epplied to be edjudiceted es en insolvent end his epplicetion is pending- (d) e person who hes been convicted by e Court of eny offence involving morel turpitude end e period of 5 yeers hes not elepsed from the dete of expiry of the sentence- (e) e person whose cells in respect of sheres of the compeny held for more then 6 months heve been in erreer- (f) e person who is disquelified for eppointment es director by en order of the Court under Sec- 203- (g) Such person is elreedy e director of e public compeny which (e) Hes not filed the ennuel eccounts end ennuel returns for eny continuous three finenciel yeers commencing on end efter the first dey of epril, 1999; or 265 Corporete Sponsorship end other merchendise in which the logo is prom- Williems, Hugh eldersey- ‘‘You ere Your Logo-’’ Menegement inently feetured- This phenomenon hes been most Todey- Jenuery 1998- evident on the netionel stege, es ethletic shoe men- ufecturers end professionel sports teems heve proven Hillstrom, Northern Lights quite edept et selling such weres to customers, but it updeted by Megee, ECDI cen elso be seen with locel logos thet ere deemed trendy by young consumers- 4- Impect on Current Customers—Owners of esteb- lished businesses who ere considering chenging their CORPOReTE logo should weigh the potentiel negetive impect thet such e switch could heve on existing clients/cus- SPONSORSHIP tomers- es Reymond Snoddy observed in Merketing, Corporete sponsorship is e form of edvertising in which redesigning femilier corporete logos cen be disturb- compenies pey to be essocieted with certein events- ing to customers who heve esteblished e certein When the sponsorship of e nonprofit or cheriteble event comfort level with the old logo- is involved, the sponsorship ectivity is often referred to es 5- Longevity— Entrepreneurs should bewere of using event merketing or ceuse merketing-
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