issues to be discussed. The first issue is what have Don breached his directors’ duties under the act in good faith and best interest of the company as well as disclosure personal interest. The second issue is possible remedies for Bryan while he has been conducted unfair and oppressive. ISSUE 1: WHAT HAS DON BREACHED? Fiduciary duties to disclose personal interests Directors are under both fiduciary and statutory duties to avoid conflicts between their personal interests and the interests of the company
Premium Board of directors Fiduciary Stock
What are the major advantages of the use of books of prime entry? There are many major advantages of using prime entry for varying entries. The first advantage is that it helps to keep the records briefly as it is difficult to manage every single transaction in the main ledger as it occurs. Another advantage of using prime entry of accounting makes it easy to follow transactions and avoids the confusion occur if all of the different information was in one place. The separated information saves the
Premium Time SQL Major
Duty of Care: GELERAL Week 2::Seminar 2 This concept is based on three proof of elements‚ its ingredients are – A legal Duty of D towards the C to exercise care in such conduct of D as falls within the scope of the duty‚ Breach of that Duty means failure to come up to the standard required by law & Consequential damage to C which can be attributed to D’s conduct. Duty of Care General: Duty is the primary control device which allows the courts to keep liability for negligence within what
Premium Negligence Duty of care Tort
War is a horrible medium‚ which has been used for hundreds of thousands of years‚ to achieve certain goals through the use of force. The major causes for war are resources‚ which can be territory‚ water‚ gold‚ minerals or animals; and ideologies: political beliefs‚ religion‚ philosophical differences. In other words‚ brutal outrageous kings‚ rulers‚ commanders and emperors possessed the purpose of having power and control over the whole world. But do these egoistic goals really bring benefit to humanity
Free Iraq War 2003 invasion of Iraq World War II
The Custom Duty in India is one of the most important tariffs. The custom duty in India is regulated by the Customs Act of 1962. The main purpose of the custom duty in India is the prevention of the illegal export and import of goods. The rates of the custom duty levied on the imported and exported goods are assigned in the Custom Act‚ 1962. The Acts under the custom duty in India: * Foreign Trade (Exemption from application of Rules in certain cases) Order‚ 1993 * Customs Act‚ 1962
Premium International trade
Statutory duties Main statutory duties of a director are provided by s.132 • Where a director breaches common law duties‚ these statutory provisions impose criminal liabilities. • S.132(1) is a general provision that requires directors to act ‘honestly’ at all times and use reasonable diligence in the exercise of their powers. Any breach of fiduciary duty • Duty imposed on directors to avoid conflict of interest by not using confidential information they obtain by virtue of their position
Premium Common law Contract law Fiduciary
5. Director’s Duties Director’s Duties are part of the idea of risk management; because they take risks all the time‚ they require a certain element of regulation. The law must provide a way of mitigating against the risk‚ so creditors and shareholders can have potential recourse. This is all done indirectly; the company will recover in the event of a breach of duty arising. If the company recovers and suffers no harm‚ then that protects shareholders and makes sure their investments are secure.
Premium Fiduciary Board of directors Stock
officers and directors duty of care under the corporations act and what consequences will be made if such breaches occur. Another issue is whether there have been any breaches of directors duties in relation to insolvent trading and what defences are available for directors who have breached their duties. And also what consequences are in order if such breaches occur. Issue 1: Breaches of a Director’s and Officer’s Duties under the Corporations Act. Director’s duties are supported by the
Premium Board of directors Corporate governance Managing director
List of Prime Ministers of India From Wikipedia‚ the free encyclopedia Jump to: navigation‚ search The complete list of Prime Ministers of India includes the persons sworn into the office as Prime Minister of India following the proclamation of the independence of India in 1947. Key: No.: Incumbent No. CM: Council of Ministers Congress: Indian National Congress‚ Indian National Congress (Indira)‚ United Progressive Alliance Bharatiya Janata Party: Bharatiya Janata Party‚ National
Premium Indian National Congress India Bharatiya Janata Party
confirm that I understand that assessed work that has been shown to have been plagiarised will be penalised. This essay will primarily focus on the situation of Emma‚ a 16 year old patient. In this essay‚ issues such as socio-economic factors‚ psychological circumstances‚ communication and government interventions to care will be examine and explained with evidence to back each of these factors which
Premium Nursing