1. Overview of the Companies Act 2016, Practical Insights & Challenges

  • Highlight of changes incorporated into the new Act
  • Requirements to having a Constitution
  • Contracts – what to watch out for
  • Dividend Distribution
  • Decoupling of Annual Returns and sending out of financial statements
  • Change involving payment of Directors Fees and remuneration
  • Sole Director sole shareholder company
  • Mode for passing resolutions
  • End of term for Auditors

2. Beneficial Ownership Reporting

  • What is Beneficial Ownership Reporting?
  • Who is required to make beneficial ownership reporting and how to do it?
  • Who is considered a beneficial owner?
  • What must a company do if the beneficial owner opts not to disclose or confirm his ownership?

3. Dividends

  • When & why a solvency test is required
  • Measurement of Solvency Test
  • What are the reasonable assumptions?
  • Red Flags to watch out for

4. Roles & Responsibilities of Directors under Companies Act 2016

  • Who are considered “Directors”?
  • Directors’ Duties under Common Law
  • Directors’ Duties under the Companies Act 2016
  • Duties of a Nominee Director
  • Examples of failure to meet Directors’ Responsibilities

5. Components of Notice of a Public Listed Company's Meeting

  • What must be in a Notice?
  • Why the need for Explanatory Notes to Notice?
  • How Proxies can be appointed?
  • Administrative Guide – is this necessary
  • Appointing an interested Chair as Proxy
Course Code
  • DCA01 – Overview of the Companies Act 2016, Practical Insights & Challenges (2 hours)
  • DCA02 – Beneficial Ownership Reporting (2 hours)
  • DCA03 – Dividends  (2 hours)
  • DCA04 – Roles & Responsibilities of Directors under Companies Act 2016 (2 hours)
  • DCA05 – Components of Notice of a Public Listed Company’s Meeting (2 hours)