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A deed of Indemnity is typically used in which of the following scenarios: when setting up a company, when dissolving a company, when using a nominee director or when appointing a subscriber?

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A deed of Indemnity is typically used in which of the following scenarios: when setting up a company, when dissolving a company, when using a nominee director or when appointing a subscriber?

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A deed of indemnity is commonly used when nominees are to occupy a company director position. They purpose is to clarify the relationship between the parties and to protect the nominee against the potential unlawful acts of the shadow director.

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