Training Outline

• FORMATION OF COMPANY LIMITED BY GUARANTEE (“CLBG”)
• GUIDELINE AND SAMPLE CONSTITUTION FROM SSM
• THE LAW ON CLBG-S.45
• THE LAW ON CONSTITUTION
• MINISTER’S APPROVAL REQUIRED
• DIRECTOR’S DUTIES, RESPONSIBILITIES AND LIABILITIES
• COMPENSATION FOR LOSS OF OFFICE
• DIRECTORS
• FEES AND BENEFITS
• SERVICE CONTRACT (NEW!)
• DISQUALIFICATION OF A DIRECTOR
• ANNUAL GENERAL MEETING
• AUDITORS
• ANNUAL RETURN AND AUDITED FINANCIAL STATEMENTS
• PENALTIES AND FINES AND FILING FEES
• -General Penalty Clause (s588)
• COMMON SEAL
• FINES AND SANCTIONS (S591 TO S598)