Directors

Kirat Rai Association Hong Kong has 7 directors. The directors will be the first 7 body of the elected executive committee members according to the chapter 7, section 1 of association’s “Bidhan”

History of Directors:

Name Appointed Resigned
RAI KAMAL
(New)
25/03/18
(Not Submitted)
RAI PABITA
(New)
25/03/18
(Not Submitted
RAI CHANDRAKA
(New)
25/03/18
(Not Submitted)
RAI GANGA RAM
(Active)
12/04/16
(Submitted)
RAI GAJENDRA BAHADUR
(Active)
12/04/16
(Submitted)
RAI AJAY
(Active)
12/04/16
(Submitted)
RAI HARICHANDRA
(Active)
12/04/16
(Submitted)
RAI YUKPRASAD
(Active)
12/04/16
(Submitted)
25/03/18
(Not Submitted)
RAI BIMAL
(Active)
09/08/11
(Submitted)
25/03/18
(Not Submitted)
RAI LALPARSAD
(Active)
09/08/11
(Submitted)
25/03/18
(Not Submitted)
RAI PITAMBAR
(Past)
09/08/11
(Submitted)
12/04/16
(Submitted)
RAI SHASHI MADAN
(Past)
09/08/11
(Submitted)
12/04/16
(Submitted)
RAI KISAN
(Past)
09/08/11
(Submitted)
12/04/16
(Submitted)

Change of Directors:

According to the Company Ordinance (Chapter 622), change of directors should deliver a Form ND2A  “Notice of Change of Company Secretary and Director (Appointment╱Cessation)” to report the appointment of directors or cessation to act as directors within 15 days after the appointment or cessation for registration.

Financial Statement:

  1. Financial Report 2018-19 (Harichandra Rai – Running)
  2. Financial Report 2017-18 (Rajin Rai – Not Submitted)
  3. Financial Report 2016-17 (Rajin Rai – Not Submitted)
  4. Financial Report 2015-16 (Shashi Madan Rai)
  5. Financial Report 2014-15  (Shashi Madan Rai)
  6. Financial Report 2013-14 (Shashi Madan Rai)
  7. Financial Report 2012-13 (Shashi Madan Rai)
  8. Financial Report 2011-12 (Kisan Rai)

Annual Return:

Annual return is the return an investment provides over a period of time, expressed as a time-weighted annual percentage. Sources of returns can include dividends, returns of capital and capital appreciation. The company’s annual return date is 9 months after the end of the company’s accounting reference period. (i.e. 31 December each year).

The annual return should be delivered a Form NAR1 to the Registrar of Companies (“the Registrar”) for registration once in every year within 42 days after the date of the company’s Annual General Meeting according to section 109 of the Predecessor Ordinance (i.e. the Companies Ordinance (Cap. 32) as in force from time to time before the commencement date of the Companies Ordinance (Cap. 622)).

  1. Annual Return 2018-19 (Harichandra Rai – Running)
  2. Annual Return 2017-18 (Rajin Rai – Not Submitted)
  3. Annual Return 2016-17 (Rajin Rai – Not Submitted)
  4. Annual Return 2015-16 (Shashi Madan Rai)
  5. Annual Return 2014-15  (Shashi Madan Rai)
  6. Annual Return 2013-14 (Shashi Madan Rai)
  7. Annual Return 2012-13 (Shashi Madan Rai)
  8. Annual Return 2011-12 (Kisan Rai)

Annual Return Fee:

(a) if the annual return is delivered within 42 days after the company’s return date

$105

(b) if the annual return is delivered more than 42 days after but within 3 months after the company’s return date

$870

(c) if the annual return is delivered more than 3 months after but within 6 months after the company’s return date

$1,740

(d) if the annual return is delivered more than 6 months after but within 9 months after the company’s return date

$2,610

(e) if the annual return is delivered more than 9 months after the company’s return date

$3,480

Change of Registered Office:

A Form Form NR1 must be delivered to the Companies Registry to change the registered office within 15 days after the change.

Authorization Letter

Failure to file Annual Return for the year and Financial Statement within the proscribed time causes summon to the court. If the summon arise at the court and need to go to hearing for summon an Authorization letter on the company’s letter head will be need. Here is a sample Authorized Letter.