Question Tag: Disqualification

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BL – Nov 2011 – L1 – SA – Q11 – Company Law

Identify who cannot be a company director.

An individual shall NOT be a director of a company if he is:
A. More than 19 years of age
B. Of sound mind
C. A discharged bankrupt
D. Less than 18 years of age
E. Of voting age

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BL – Nov 2013 – L1 – SB – Q4 – Company Law

Explaining the disqualification and circumstances for vacating office as a director.

Directors of a company are the executives that direct the “mind and will” of the company. Persons who occupy such important positions must have certain attributes.

You are required to:
(a) Explain briefly TWO types of persons that are disqualified from being Directors of a company. (5 Marks)
(b) Explain briefly FIVE circumstances under which a person must vacate office as a Director.

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BL – Nov 2019 – L1 – SB – Q1c – Company Law

Explanation of circumstances that may disqualify a director from office.

Company directors are appointed by the shareholders to manage the company.
Required:
Explain briefly FIVE circumstances that may disqualify a director from office. (10 Marks)

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BL – MAY 2016 – L1 – SA – Q14 – Company Law

This question examines conditions that disqualify someone from being a director of a company.

The following are disqualified from being directors of a company EXCEPT
A. A person under the age of 18
B. An insolvent person
C. A person certified to be insane
D. A 30-year-old unemployed person
E. A corporate other than its accredited representative

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BCL – July 2023 – L1 – Q3b – Company Directors and Other Officers

Explain factors disqualifying an individual from being a director and the legality of using a substitute director.

Atibie family owned an enterprise devoted to the supply of plumbing materials. A business adviser working with H&H Bank advised the family to convert from an enterprise to a limited liability company to qualify for a discounted interest loan facility. The head of Atibie family stated as follows: “Any member of the family can be appointed as a board member of the new company.”

The head of Atibie family reasons that the company can make use of a Substitute Director in case they have no one to appoint as a substantive Director.

Required:

i) Explain FIVE (5) factors that could disqualify a member of Atibie family from being appointed a member of the board. (10 marks)

ii) Explain why the head of Atibie family is right or wrong on the use of a Substitute Director. (5 marks)

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BL – Nov 2011 – L1 – SA – Q11 – Company Law

Identify who cannot be a company director.

An individual shall NOT be a director of a company if he is:
A. More than 19 years of age
B. Of sound mind
C. A discharged bankrupt
D. Less than 18 years of age
E. Of voting age

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You're reporting an error for "BL – Nov 2011 – L1 – SA – Q11 – Company Law"

BL – Nov 2013 – L1 – SB – Q4 – Company Law

Explaining the disqualification and circumstances for vacating office as a director.

Directors of a company are the executives that direct the “mind and will” of the company. Persons who occupy such important positions must have certain attributes.

You are required to:
(a) Explain briefly TWO types of persons that are disqualified from being Directors of a company. (5 Marks)
(b) Explain briefly FIVE circumstances under which a person must vacate office as a Director.

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BL – Nov 2019 – L1 – SB – Q1c – Company Law

Explanation of circumstances that may disqualify a director from office.

Company directors are appointed by the shareholders to manage the company.
Required:
Explain briefly FIVE circumstances that may disqualify a director from office. (10 Marks)

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BL – MAY 2016 – L1 – SA – Q14 – Company Law

This question examines conditions that disqualify someone from being a director of a company.

The following are disqualified from being directors of a company EXCEPT
A. A person under the age of 18
B. An insolvent person
C. A person certified to be insane
D. A 30-year-old unemployed person
E. A corporate other than its accredited representative

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You're reporting an error for "BL – MAY 2016 – L1 – SA – Q14 – Company Law"

BCL – July 2023 – L1 – Q3b – Company Directors and Other Officers

Explain factors disqualifying an individual from being a director and the legality of using a substitute director.

Atibie family owned an enterprise devoted to the supply of plumbing materials. A business adviser working with H&H Bank advised the family to convert from an enterprise to a limited liability company to qualify for a discounted interest loan facility. The head of Atibie family stated as follows: “Any member of the family can be appointed as a board member of the new company.”

The head of Atibie family reasons that the company can make use of a Substitute Director in case they have no one to appoint as a substantive Director.

Required:

i) Explain FIVE (5) factors that could disqualify a member of Atibie family from being appointed a member of the board. (10 marks)

ii) Explain why the head of Atibie family is right or wrong on the use of a Substitute Director. (5 marks)

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