COURSE: LAW2464 COMPANY LAW DATE: 17/03/2012 TIME ALLOWED: 1 hour 40 minutes (including 10mins reading time) QUESTION (Prospectus Topic) In July 2011‚ Ah Beng was at his accountant’s office to talk about taxation matters. Whilst there‚ his accountant gave him a prospectus issued by Ionic Ltd.‚ a company listed on the Singapore Stock Exchange‚ to take home to read and if interested‚ to follow the instructions about investing in new shares in the company which were to be quoted
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effects Characteristics of a company -Companies are artificial entities with rights and liabilities separate from their shareholders or members -s119: company comes into existence as a body corporate at the beginning of the day on which it is registered with the name specified in its certificate of registration -This legal entity is separate from its members so assets of the company are not the assets of its members and contracts entered into by the company will create rights and liabilities
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with the company. The articles of association are the primary source of the provisions determining these internal relationships‚ and they will form the basis of this question and also be combined with aspects of directors’ duties‚ variation of class rights and s459 of the Companies Act 1985. I will split the issues that arise in this question into two parts. The first part would be to deal with Sheila‚ and to establish whether she can prevent the alteration of the objects of the company. The second
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------------------------------------------------- Subject: EEOC constructive discharge claim by former employee ------------------------------------------------- BACKGROUND: This memo is to update you on my findings and recommendations relative to the recent EEOC (Equal Employment Opportunity Commission) case‚ filed under Title VII of the Civil Rights Act of 1964‚ against our company by a former employee. In this case‚ the former employee is claiming “constructive discharge” for religious discrimination. His
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Need for a constructive reservation policy for a better civil services examination It all started with the bitter seeds sown by “minto merely “reforms of 1909‚ when a separate electorate was given to Muslims for the first time. Where by only Muslims can be elected as representative for Muslim population. Later this was extended to Christians‚ Sikhs‚ and other minority groups in 1919 through montegue-chemlsford reforms. This is to divide the well knitted communities and rule them when in chaos
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Constructive Action Market Analysis‚ Planning & Promotion The importance of effective market planning and operations. Table of Contents Abstract……………………………………………........................................................................3 Topic Statement…………………………………………………………………………………...4 Short and Long Term Goals...........................................................................................................5 Setting Analysis………………………………………………………………………..………….6
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country’s economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. Entrepreneurship was lead to economy development through taxes that company pay to government‚ offering job to society so less unemployment rate and reduction of poverty and increase living standard. An example‚ Tan Sri Bukhari is most successful entrepreneur in Malaysia. He was start up a business and create a job to people
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which the Court can order that a company be wound up compulsorily. B.H McPherson defines winding-up as a process whereby the assets of a company are collected and realised‚ the resulting proceeds are applied in discharging all its debts and liabilities‚ and any balance which remained after paying the cost and expense of winding-up is distributed among the members according to their rights and interests or otherwise dealt with as the constitution of the company directs. S213 of the 1963 Act sections
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advantage of the on-going structured adjustment programmes (SAPS) by going into business. a) Advise them on the procedures they have to follow in order to register a public company limited by shares. (8 Marks) b) Explain how the procedures would differ from that for forming a private company limited by shares. (4 Marks) c) Discuss the circumstances under which a corporate veil of incorporation may be lifted. (8 Marks) QUESTION
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“Discriminatory practices under the laws EEOC enforces also include constructive discharge or forcing an employee to resign by making the work environment so intolerable a reasonable person would not be able to stay” (EEOC.gov). In this situation‚ we changed the work schedule for all production employees‚ and failed to take precautions as they relate to the individual needs of the employees. By not considering that the new schedule would prohibit the employee from keeping their religious obligations
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