City University of Hong Kong School of Law LW3902 The Law Relating to Companies Mid-Semester Coursework Assignment Semester B‚ 2010/2011 Instructions to Students: 1. The assignment is worth 50% of the overall mark for this course. The total word limit is 2‚000 words‚ excluding footnotes and bibliography. You must do a word count and indicate the number of words on the cover page. If a paper exceeds the allowable word limit‚ only the first 2‚000 words will be read and marked. You must type the answers
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On a proper interpretation of the case law of the European Court of Justice‚ there can be no doubt that the real seat theory is dead throughout the EU Discuss. Since the Treaty of Rome entered in force in 1958‚ companies were allowed to be formed across the EU benefit from the basic right of the freedom of establishment. The principle of freedom of establishment set out in Article 49 (ex Article 43 TEC) enables an economic company to operate an activity in one or more Member States. At present
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information: s 157(2) Financial assistance to director-related companies: s163 Directors remuneration and benefits: s168‚169&172 Interested persons transactions: SGX Listing Manual Section 156 disclosures: s156(1)&(5) Duty to retain discretions Duty to avoid conflicts of interests Duty to use powers for a proper purpose Duty to act in good faith in the interests of the company Liability for fraudulent trading: s 340(1) General law Duties Loyalty and good faith THE DUTIES Care and
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City University of Hong Kong School of Law LW3902 The Law Relating to Companies Mid-Semester Coursework Assignment Semester B‚ 2012/2013 Instructions to Students: 1. The assignment is worth 50% of the overall mark for this course. The total word limit is 1‚500 words‚ excluding footnotes and bibliography. You must do a word count and indicate the number of words on the cover page. If a paper exceeds the allowable word limit‚ only the first 1‚500 words will be read and marked. 2. Your answers must
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and Control There are several ways in which membership of a company may be acquired: These are as follows: i) By subscribing the Memorandum. When the company is registered‚ the persons who subscribed the memorandum automatically become members‚ and must be put on the Register of Members‚ though they are deemed to be members without such an entry and even without allotment. ii) In the case of a director of a public company‚ by delivering a written undertaking to the Registrar to take
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Question 1 James runs a single director proprietary company called Jamboos Pty Ltd a) Explain the rules that Jamboos must operate under and James’ powers under the Corporations Act. In Corporations Act‚ S198E‚ 201F and 202C contain certain provisions that govern the operation of single director companies. These provisions apply whether or not the single shareholder company has adopted a constitution which include: The director may appoint another director by recording the appointment and signing
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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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must be typed‚ double spaced‚ in 12pt font. You may use the textbook and any other outside resources to help you. Make sure to answer ALL parts of the question. Answers must be at least 2 full-bodied paragraphs each. Must be submitted in HARD COPY by 9 a.m. October 18th. NO LATE EXAMS WILL BE ACCEPTED. (10 points each) 1. The Blowout Company is a German corporation and manufacturer of the California Custom tire‚ a tire that is compatible with Harley Davidson motorcycles manufactured in the
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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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business decisions on behalf of companies. Under the present rules‚ directors’ duties are enshrined in the common law rules and equitable principles as well as in statutes such as the Companies Act 1985 as amended by Companies Act 1989. It is considered that these principles lack certainty and are not easily accessible. Quite often‚ directors usually have to take advice in these kinds of areas so that they do not accidentally breach any duty enshrined in the case law. Therefore the government believes
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