单词 | Misappropriation rule |
释义 | 挪用規則 The rule that company directors may not apply company property for their own personal benefit or for the benefit of any other person without the authority of the company. Subject to certain exceptions, a company must not, directly or indirectly, make a loan to a director of the company or of its holding company, or enter into any guarantee or provide any security in connection with a loan made by any person to such a director; or if any one or more of the directors of the company hold (jointly or severally or directly or indirectly) a controlling interest in another company, make a loan to that other company or enter into any guarantee or provide any security in connection with a loan made by any person to that other company: Companies Ordinance (Cap 32) s 157H(2). See also Directors’ duties; Fiduciary. 指在沒有公司授權的情況下,公司董事不得就個人利益或另一人的利益而應用公司財產的規則。除另有特定例外情況外,任何公司不得直接或間接貸款予該公司或其控股公司的董事;就任何人向上述董事所作出的貸款訂立任何擔保或提供任何保證;(如該公司的任何一名或多於一名的董事共同或各別、直接或間接持有另一間公司的控制權益)貸款予該另一間公司,或就某人向該另一間公司所作出的貸款訂立任何擔保或提供任何保證:《公司條例》(第32章)第157H條 (1)。另見 Directors’ duties; Fiduciary |
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