Introduction Unpaid seller which defined as any person who is in the position of a seller‚ the one to whom the bill of lading has been indorsed‚ or the one who is directly responsible for the price but has yet been paid or tendered according to Section 45 of the Sale of Goods Act 1957. This unpaid seller has certain right over the goods that is being transacted until the other party fully pay him/her. And the right of the unpaid seller is clearly defined within Section 46(1) of the Sale of Goods
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Introduction: Kingfisher airlines‚ JSW steel‚ Essar oil‚ Essar steel‚ HCC and so many Indian corporations have financially stressed balance sheets. Because of the poor performance of these companies and huge debts their continuing existence in the future is a matter of concern. So all those companies facing financial turmoil should consider a number of options to achieve restructuring or liquidity. There are six ways for them to achieve the desired results. These include winding up‚ arrangements
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| | | | ChanRobles™ Virtual Law Library ™ | chanrobles.com™ | PHILIPPINE SUPREME COURT JURISPRUDENCE | THE 2010 PRE-WEEK BAR EXAM NOTES ON LABOR LAW | | | Search for www.chanrobles.com------------------------------------------------- Top of Form Bottom of Form | | Home > ChanRobles Virtual Law Library > Philippine Supreme Court Jurisprudence > G.R. No. L-21000‚ 21002-21004‚ and 21006 | EN BANCG.R. Nos. L-21000‚ 21002-21004‚ and 21006 December 20
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1. Women into leadership From political parties to universities to FTSE100 companies many organisations lack women in senior leadership roles. Why is this‚ why does it matter‚ and what can be done about it? Helpful resources for this assignment: Chapter 13 Northouse Resources are also on Studydirect and I have added some pdf documents for you 2. Leading diverse teams What are the particular challenges of leading a diverse group or team? What kind of leadership works best in such
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TIONG HUNG MING v. KALIMANTAN HARDWOOD SDN BHD; WEELUK HOLDING SDN BHD (APPLICANT) HIGH COURT SABAH & SARAWAK‚ SIBU [COMPANIES (WINDING UP) NO: 20-28-2-1997] HAMID SULTAN ABU BACKER JC 18 JUNE 2008 COMPANY LAW: Winding up - Stay of proceedings - Application for - Whether a stay under s. 243 Companies Act 1965 could be given as of right - Whether stay of Winding up order should be sparingly exercised if no appeal pending - Whether there were cogent reasons for granting stay The applicant
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Chapter 15 COMPANY SECURITIES 15.1 DEBENTURES This is a written acknowledgement of a debt owed by a company. Whilst it is possible for some debentures to be unsecured‚ those given to the bank will usually incorporate a fixed and / or a floating charge over the company’s assets. 15.2 FIXED CHARGE This is a charge which immediately encumbers specific assets of the company. Accordingly‚ the chargee’s (bank) consent would be required if the company is to deal with or dispose the assets
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INTRODUCTION Winding up of a company is defined as a process by which the life of a company is brought to an end and its property administered for the benefit of its members and creditors. A liquidator is appointed and he takes control of the company‚ collects its assets‚ pays debts and finally distributes any surplus among the members in accordance with their rights. At the end of winding up‚ the company will have no assets or liabilities. When the affairs of a company are completely wound up‚
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DEFINITION OF WINDING UP OF A COMPANY Winding up or liquidation of a company is the ending of a company’s life; its property administered for the benefit of its creditors and members. At the end of the winding-up‚ the company will be dissolved. There are two main types of winding up: compulsory‚ under and order of the court; and voluntary‚ under resolution of the company. VOLUNTARY WINDING UP In a voluntary winding-up‚ the members of the company have passed a resolution to wind-up the company
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Hall v Poolman: forgive us our commercial errors and deliver us from personal liability‚ amen. Nicholas Phillips Introduction The corporate regulator has lately conceded the attachment of personal liability to company directors to have become excessively arduous and uncommercial.[1] These remarks particularly accord with and underscore recent hints proffered both by law reformers[2] and judges that it is necessary to reassess the policy balance struck by the imposition of personal liability
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Company Law Reforms in Tanzania: The Companies Act 2002 Prior to the 1st of March earlier this year‚ the main legislation relating to companies in Tanzania was the Companies Act Cap. 212 which was enacted in 1929. This legislation regulated trading companies and other associations including the imposition tax on nominal capital‚ regulation of dividends and surpluses and related matters. This legislation was in force for over 77 years which period covered not only the tail end of the colonial period
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