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Q:
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What is alternate director?
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A:
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Alternate director means a person appointed by a director as an alternate and it is regarded as an agent of the director (“appointer”) he/she represents. An alternate director may exercise the powers and carry out the responsibilities of his/her appointer in the absence of his/her appointer.
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Q:
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What are the rights and responsibilities of an alternate director?
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A:
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An alternate director has the same rights as his/her appointer in relation to any decision taken by the directors. Unless these articles specify otherwise, an alternate director is deemed for all rights and responsibilities as a director.
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Q:
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Is it mandatory for director to appoint an alternate director?
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A:
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No, it is not compulsory to appoint an alternate director.
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Q:
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I am a director, can I appoint an alternate director to represent myself during my absence?
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A:
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You can appoint an alternate director only if the company's articles of association or by general meeting authorize appointing an alternate director to act on behalf of you.
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Q:
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What I need to do if I want to appoint an alternate director?
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A:
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You should report the appointment to the Companies Registry for registration. Kaizen could assist to prepare the relevant documents and statutory form to fulfil the requirement, please feel free to contact us for more details.
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Q:
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If there is any change of particulars of an alternate director, does the company need to report the changes to the Companies Registry?
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A:
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Yes, the company is required to report the change of particulars of an alternate director to the Companies Registry.
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Q:
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Under what circumstance the appointment of alternate director will be terminated?
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A:
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Same as director, an alternate director may vacate his/her appointment in the circumstances of self-resignation, expiration of term, disqualification or deceased. Further, if the appointer terminates or revokes his alternate’s appointment by giving notice to the company or the appointer ceases to be a director of the company, the appointment of alternate director will also be terminated.
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FAQ
