Only the company is liable to pay you its

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ABC Ltd does not pay up, you can only sue ABC Ltd. Only the company is liable to pay you. Its shareholders are not personally liable at all. 从从从从从从从从从从从从从从从从从从从从从从从从从从从从ABC 从从从从从从从从从从从从从从从从从 从从从从从从从从从从从从从从从从从从从从从从从从从从从 There are three kinds of limited companies. 从从从从从从从从从 i. 从从从从 Private Company (limited by shares: 1**从 50 从从从 1-50 shareholders) 从从从 公公公公公 , 从从从从从从从从从从从从 从从从从从从从从从从从从从从从从 Audited accounts are not open to the public because there is no place in HK where these accounts must be registered and then become open for inspection. * 13.2.2004 公公公 This change commenced on 13.2.2004. ii. 从从从从 Public Company 从从从 公公 从从从从从从从从从从从从从从从从从从从从从从从 公公 从从从从从从从 (s.109)从从从从从从从从从从从从从 50 从从从 (从从从从从从从从从从 从从从从从从从从从从 2 从从从) Audited accounts are registered at the Companies Registry with the company’s Annual Returns. Thereafter they are open to public inspection. If limited by shares, must have more than 50 members (Note: a company limited by guarantee is a public company. Minimum 4
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2 members.) iii. 从从从从 Listed Company 从从从 公公 从从从从从从从从从从从从从从从从从从从从从从从 公公 从从从从从从从 (s.109)从 Audited accounts are registered at the Companies Registry, together with the company’s Annual Returns. Thereafter they are open to public inspection. 公公公公公公公公公公 从从从从从从从从从从从从从从从从从从从从从从从 There is no wholly state owned companies in HK. But there are companies wholly owned by the HK Government e.g. The Airport Authority. 4. 香香香 Board of Directors a. 香香香香香 Types of Directors 公公公公公 < 公公公公 >从从从从 公公公公 , 公公公公公公 从从从从 公公 从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从从 The following posts are not defined under the Companies Ordinance and under case law. That means they have no status in law: Their actual scopes of duties are laid down in their terms of appointment (but unknown to outsiders).They must produce an authorisation from the board of directors to certify that they can represent their companies before they start the meeting and enter into contracts. Otherwise these contracts may not be recognised by their companies. - 公公 / 公公公 President/Vice President - 公公公 Chairman of the Board of Directors - 公公公公公公 Chief Executive Officer (CEO) -从从从从 executive director -从从从从从 non-executive director 从从从:从从从从 USA: outside director -从从从 associate director -从从从从从从从从从从从从从从 sales director, personnel director, accounts director
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