Question Tag: Director Qualifications

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BL – May 2015 – L1 – SB – Q3b – Company Law

State the qualifications required to be appointed as a company director.

The Companies and Allied Matters Act requires limited liability companies to have at least two directors.

Required:

Explain any TWO qualifications that a person must possess to be eligible for appointment as a director of a company. (5 Marks)

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BCL – Apr 2022 – L1 – Q4a – Company directors and other officers

Outline qualification requirements for company secretaries and disqualifying offenses for company directors under the Companies Act, 2019 (Act 992).

a) One of the key officers of a company who keeps the books and records, is the company secretary. The Companies Act, 2019 (Act 992) compels the appointment of a company secretary on certain qualifications.

Required:

i) State THREE (3) qualification requirement for the appointment of company secretary as stipulated in the Companies Act, 2019 (Act 992). (6 marks)

ii) List THREE (3) offences and related legal wrongs that automatically disqualifies a fraudulent person from appointment as a director of a company. (6 marks)

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BL – May 2015 – L1 – SB – Q3b – Company Law

State the qualifications required to be appointed as a company director.

The Companies and Allied Matters Act requires limited liability companies to have at least two directors.

Required:

Explain any TWO qualifications that a person must possess to be eligible for appointment as a director of a company. (5 Marks)

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BCL – Apr 2022 – L1 – Q4a – Company directors and other officers

Outline qualification requirements for company secretaries and disqualifying offenses for company directors under the Companies Act, 2019 (Act 992).

a) One of the key officers of a company who keeps the books and records, is the company secretary. The Companies Act, 2019 (Act 992) compels the appointment of a company secretary on certain qualifications.

Required:

i) State THREE (3) qualification requirement for the appointment of company secretary as stipulated in the Companies Act, 2019 (Act 992). (6 marks)

ii) List THREE (3) offences and related legal wrongs that automatically disqualifies a fraudulent person from appointment as a director of a company. (6 marks)

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