Breach of Fiduciary duty of director According to S.4(1) of Companies Act (CA) 1965‚ director includes any person occupying the position of director of a corporation by whatever name called and includes a person in accordance with those directions or instructions the directors of a corporation are accustomed to act and an alternate or substitute director. Directors have a fiduciary duty to the company which is duty to act in good faith in best interest of the company and act for a proper purpose
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are annoyed. “. Thousands of cases of objects being thrown around or smashed and heavy objects being lifted by unseen hands have been reported from many countries.” (unknown 1)The Ouija board is one way spirits can talk to people. Sometimes if you don’t say goodbye they could stay out and haunt you. ‘The Ouija board is one technique for contacting spirits that has a reputation for being manipulated and used for evil purposes.Sometimes they will not even harm you. They will just open doors or play creepy
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Running head: ACCOUNTING STANDARDS BOARD PAPER Accounting Standards Board Paper ACC/541 August 21‚ 2012 Accounting Standards Board Paper As the globalization becomes more commonplace and the plant begins to “shrink”‚ there becomes a need for standardization. As companies increase is size‚ they begin to standardize to become more efficient and better serve their customers; this is also the case for the accounting world. The Financial Accounting Standards Board (FASB) and the International Accounting
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Brown v. Board of Education Ronald Still Embry Riddle Aeronautical University Brown v. Board of Education Background The Supreme Court case of Brown v. Board of Education dates back to 1954‚ the case was centered on the Fourteenth Amendment and challenged the segregation of schools solely on the basis of race. The Brown case was not the only case of its time involving school segregation‚ the National Association for the Advancement of Colored People (NAACP) was leading the push to desegregate
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As a junior volunteer Board member‚ how might you contribute to fulfilling the Mission of Pomona valley Hospital Medical Center‚ and upholding the CHANGE values? As a junior volunteer Board member I plan to uphold the CHANGE values by demonstrating exemplary character and service. I will encourage junior volunteers to focus on improving the experience of patients and their visitors to make it one that will leave an everlasting impression and a memorable one. I will work make sure to keep
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Directors’ Fiduciary Duties: A New Analytical Framework ___________________________________ Ernest Lim* INTRODUCTION Prior to the enactment of the Companies Act 2006‚ the equitable principles on directors’ fiduciary duties of loyalty comprising the no-conflict and no-profit rules have been characterised in the form of either a strict or flexible approach.1 Simply put‚ under the strict approach2‚ absent the company’s informed consent‚ liability is automatically triggered if a director enters into
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“Embedded System in Communication” has given rise to many interesting applications. One of such applications is public addressing system (PAS). Many companies are manufacturing audio / video systems like public announcement system‚ CCTV‚ programmable sign boards etc. But all these systems are generally hardwired‚ complex in nature and difficult to expand. So‚ by adding wireless communication interface such as GSM to these systems‚ we can overcome their limitations . Now-a-days LED Message Scrolling Displays
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Accounting Standards Boards Paper In recent years there has been significant changes made in our understanding of the relationship between the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB). At present both the IASB and FASB are working on a joint venture referred to as the convergence project in hopes of eliminating a variety of differences between International Financial Reporting Standards and U.S. GAAP. Another area covered in this paper besides
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The Ouija Board Sunday night Richie had friends over.The names of them were Mary and Bob. The gang‚ as they call themselves‚ was watching Youtube‚ a video popped up in the suggestions. It said the ouija board. Richie announced “ we should get one” the gang agreed. They asked their mom if they could go over to the halloween store and get their costumes for halloween. When we got there we saw halloween costumes but instead we walked right passed them and bought the ouija board. As the gang left the
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One of the most significant governance issues currently facing the managers‚ directors‚ and shareholders of the modern corporation is the gender‚ racial‚ and cultural composition of the board of directors. The issue has taken on a high public profile as a result of reports in the popular press‚ shareholder proposals from advocacy groups‚ and policy statements from major institutional investors. This is simply stated as Board of diversity which means different things to different people. Among the types
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