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)