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Directors

Matched in: Term Directors

board of directors

Matched in: Term board of directors

Board of Directors

Matched in: Term Board of Directors

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Quorum of two Directors

Matched in: Term Quorum of two Directors

Manager

Companies Act, 1929, s. 209] Manager means a person who, subject to the control and direction of the directors, has the management of the whole affairs of a company, and includes a director or any other person

cumulative voting

cumulative voting : a system of voting for corporate directors in which each shareholder is entitled to as many votes as he or she has shares times the

director

a group of persons usually elected by shareholders and entrusted with the overall control of a corporation NOTE: Directors owe a fiduciary duty to the shareholders in the exercise of their powers. Directors have the power to

directorate

directorate 1 : a board of directors (as of a corporation) 2 : membership on a board of directors

duty

of danger] see also public duty doctrine, special duty doctrine duty of can·dor [-kan-dər] : a duty obligating directors of a corporation to disclose all material facts known to them about a transaction when they are seeking

shareholder control agreement

a written unanimous agreement of shareholders that transfers control of specified areas of corporate governance (as election of directors and officers, issue of dividends, employment of shareholders, or arbitration of disputes) from directors and officers to the

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