Sentences with phrase «ultimate owner of the company»

Now Congo must go further and disclose all the ultimate owners of these companies, rather than allowing them to be obscured by the secrecy rules of the British Virgin Islands.

Not exact matches

The ultimate ability of a company to generate returns for its long - term owners over many decades is going to be determined by the return on capital it produces.

And of the ultimate owners of those shares, an estimated 75 % have instructed their intermediaries not to divulge their identities to the issuing company.

The business secretary, Vince Cable, has claimed to be ending «the darker side of capitalism» by announcing he will press ahead with a new public register on company ownership to track the ultimate owners of UK companies, so making it more difficult for firms to evade tax or funnel corrupt funds.

As deputy chief operating officer of News Corp — the US - listed company that is the ultimate owner of News International (NI), which in turn owns the News of the World, the Times, the Sunday Times and the Sun — the younger Murdoch has admitted he misled parliament over phone hacking, although he has stated he did not have the complete picture at the time.

Since 1992, the pair has successfully owned and operated their training company, Dog Obedience Group (D.O.G.), with the ultimate goal of «helping to keep dogs with behavior problems out of the local shelters and in the family by showing owners how to fix and prevent problems,» their website proclaims.

The EITI recommends that companies which bid for, operate and invest in extractive industry assets publish the identities of ultimate beneficial owners.

Since the release of the results of Global Witness» company ownership survey on 26 June 2014, a further five companies, including two private companies, have revealed details of their ultimate owners to Global Witness.

The PSC requires UK companies and LLPs to keep a statutory register showing who the ultimate beneficial owners and controllers are and the details of their holdings.

In re Marriage of Blazer, (August 25, 2009)(partially unpublished) The California Court of Appeal considered two issues of first impression: whether an owner's capital account in a small, closely held company should count toward his income for determining spousal support; and whether the ultimate support award, when combined with the disposition and division of the business as a going concern, constitutes an impermissible «double dip» into the income stream of the business and of the owner - spouse.

A buy - sell agreement will not eliminate all conflicts between company owners and investors, but signing off on a «corporate pre-nup,» which carefully balances the rights of both parties should help lessen the potentially contentious nature of the investor's ultimate departure from the company.

Perhaps the ultimate manifestation of the credit crisis in the legal arena is the increasing number of company officers and owners who are risking personally liable for the «deepening insolvency» of their companies, says Smith.