以下是高顿网校为大家整理的:F4公司法与商法第二十四章,希望对考生们有所帮助。
 
  3 Directors' authority to allot shares
 
  Authorisation
  3.1 (a) The directors of a company may not allot shares unless they are authorised to do so:
  (i) By the articles, or
  (ii) By ordinary resolution.
  (b) The authority to allot:
  (i) may be particular/general; conditional/unconditional
  (ii) must state:
  (a) the maximum number of shares which may be allotted.
  (b) the date on which the authority expires.
  (iii) must not be for a period of more than 5 years from:
  (a) the date of incorporation (if authority was in the original articles).
  (b) the date of a resolution giving authority.
  (iv) can be extended beyond 5 years by private companies using an elective resolution
  it may be renewed for further periods of up to 5 years by any company subject to the same restrictions.
  (v) may be revoked or varied at any time by the members in general meeting.
 
  Contravention of
  3.2 (a) Any director who contravenes or permits/authorises a contravention of  will be liable to a fine.
  (b) This will not affect the validity of any allotment of shares .
 
  Directors’ duties
  3.3 Although the directors have the authority to allot shares they must remember their fiduciary duties to the company and accordingly:
  (a) They must act in the best interests of the company and issue shares for a proper purpose.
  (b) They must not allot to prevent a take-over;
  Unless sanctioned by a general meeting;
 
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