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. There are
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Handguns and other firearms have a long tradition in American civilization. The right to bear arms is an American right featured in the second Amendment of the Constitution. In the 18th century‚ when the constitution was written‚ times were different; there was a need for armed citizens to insure the safety of the society as a whole. Contemporarily the police department preserves the safety of society and the need for armed citizens is out of date. The founding fathers of the Constitution could presumably
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The many causes and consequences of the Green Revolution‚ from 1945 to today‚ ranged from defined social differences growing over time‚ a need for an increase in crop production‚ and a multitude of negative effects on the environment. Social differences became more defined as groups developed into prosperity because of the Green Revolution. The need for an increase of crop production was caused by a growing population in many areas‚ and a lack of economic success to match. An increase in technological
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do. If gun control became stricter‚ then there would still be gun violence because criminals would be armed making unarmed citizens easy targets. No one can stop them because they are set on killing no matter what. They do not have to suffer the consequences of killing the people they do because most of them kill themselves when they are about to get caught or after they finish what they planned to do.
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the economy in several ways: Product costs will rise in order for companies to maintain profit margins‚ which will lead to drops in demand for products produced. This can ultimatley lead to job losses‚ as consumers may choose to purchase foreign goods which are more competetive in the market. Smaller companies will not be able to compete effectively in the market place‚ leading to more job losses‚ and possibly pricing the company out of the market. Inflation will occur due to the inflated prices
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Internal Assessment Assessment Standard History: 91229 Carry out an inquiry of an historical event that is of significance to New Zealanders Resource Reference: History 2.1 Resource Title: Inquiry into Genocide Credits: 4 Teacher: Miss Meronek The Rwanda Genocide By Isaac Anderson 12JM Focus Questions: 1. What factors contributed to the conflict between the Hutus and the Tutsis and how did they affect the genocide? 2. How and why did the international community respond
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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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Three weeks later‚ I acquired another. It was just a small thud‚ but caused something called second impact syndrome‚ and came with severe consequences. The following April‚ I collided into by my brother‚ causing me to‚ again‚ collapse unconscious from a third concussion‚ where I had to start all over again. Most concussion symptoms last only a few days‚ but the combination of mine have lasted
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branch locations. Sony India also has a strong service presence across the country with 255 service outlets. Manned by customer friendly and informed sales persons‚ Sony’s exclusive stores ‘Sony Center’ are fast becoming the most visible face of the company in India. A distinctive feature of Sony’s service is its highly motivated and well-trained staff that provides the kind of attentive and sensitive service that is rare today. Sony is committed to ensuring that both the products and the marketing
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meet the world’s energy needs. Nuclear power is an attractive energy source‚ as it doesn’t emit greenhouse gases and can be used on a large scale‚ producing over 20% of electricity in the United States.1 Although with any energy solution‚ comes consequences.
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