duties and liabilities on “shadow” board members as a way to discourage their existence. Sanctions for violations of directors‟ duties should be sufficiently severe and likely to deter wrongdoing
securities price which is the last market price as declared by the Stock Exchange or a securities trading center is incorrect, and the mutual fund supervisor has certified the existence of such cause; (b) In
by the Government, the company having problem in debt payment, or in the existence of business the company which is potentially revoked from being the listed company in the securities exchange etc
institution which was closed down or controlled by the Government, the company having problem in debt payment, or in the existence of business the company which is potentially revoked from being the listed
outcome of business operation, such as a financial institution which was closed down or controlled by the Government, the company having problem in debt payment, or in the existence of business the company
independent judgement free from any external influence. The board should state its reasons if it determines that a director is independent notwithstanding the existence of relationships or circumstances which
under Paragraph 1 is translated from any language, the offeror shall proceed as follows: (1) certify that the substance of the translated information has truly occurred or is in existence, and that there
. Provide information about the existence or possible creation of other securities and other indebtedness with seniority to the debt securities. If the rights of the debt securities holders will be
senior, as having priority, or otherwise limiting the rights of the debt securities holders to any payment on the debt securities. 2. Provide information about the existence or possible creation of other
account. In essence, this legislation stipulates that a receiving bank must carefully check the account number and account name of the recipient to ensure their accuracy. If any suspicion of misconduct