Examples of Commercial Companies Law in a sentence
In case the client is a legal person (a company), the Company shall appoint authorized persons to sign on behalf of the company to sign these agreements and complete all transactions relevant to trading in the securities in accordance with this agreement and pursuant to the Commercial Companies Law and the Company's Memorandum and Articles of Association after the issuance of the appropriate decisions by the Board.
The Board of Directors take into account appropriate parameters including the requirements of the Commercial Companies Law while recommending the dividend.
Statement of compliance The financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as promulgated by the International Accounting Standards Board and the requirements of the Commercial Companies Law of 2019 of the Sultanate of Oman and the disclosure requirements of Capital Market Authority of the Sultanate of Oman.
Directors’ remuneration has been computed in accordance with the Commercial Companies Law and as per the requirements of Capital Market Authority.
The total remuneration paid to non-executive directors comprising sitting fees and remuneration is in accordance with the provisions, and within the limits of, the Commercial Companies Law; the CMA guidance; and the Articles of Association of the Company.