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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beginnings were modest. The company had anxious moments in its infancy‚ balancing precariously on the brink of bankruptcy until cash inflows from sales began. The earliest record of a shipment is July 20‚ 1903‚ approximately one month after incorporation‚ to a Detroit physician. With the company’s first sales‚ came a ray of hope. A worried group of stockholders‚ skeptically eyeing a bank balance that had dwindled to $223.65‚ breathed easier‚ and a young Ford Motor Company had taken its first step.
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Comparative Essay: “The Wedding Gift” and “The Company of Wolves” In “The Wedding Gift” and The Company of Wolves”‚ both authors use young females that appear submissive but in reality‚ both main characters are independent girls‚ especially considering the time era they are from. Through “The Wedding Gift” and “The Company of Wolves”‚ Thomas H. Raddall and Angela Carter demonstrate the importance of being independent to achieve happiness through the elements symbolism‚ location and character. The
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World Journal of Sport Sciences 2 (4): 231-235‚ 2009 ISSN 2078-4724 © IDOSI Publications‚ 2009 Talent Identification in Professional Soccer Players According to Their Birth Date 1 N. Rahnama‚ 2E. Bambaeichi and 3H.R. Sadeghipour 1‚2 University of Isfahan Lecturer of Payame Noor University 3 Abstract: Some studies showed that most professional soccer players were born on the same date. The aim of this study was to investigate talent identification among players of the 2006 FIFA
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The Companies Act‚ 1956 Sec 1 Short title‚ and commencement (1) This Act may be called the Companies (Amendment) Act‚ 2000. (2) The provisions of this Act‚ other than sections 7 and 75‚ shall come into force at once and sections 7 and 75 shall come into force on such date as the Central Government may‚ by notification in the Official Gazette‚ appoint. Sec 2 Definitions In this Act‚ unless the context otherwise requires‚ (1) "abridged prospectus" means a memorandum containing such salient features
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QUESTION 1 Identify the corporate logics that SABMiller have adopted over the course of the case Company Perspectives: The South African Breweries Limited is a holding company invested in and taking management responsibility for a portfolio of businesses‚ principally engaged in meeting mass market consumer needs. Beer is the major profit contributor‚ but an important balance is provided by interests in complementary beverages‚ retailing‚ hotels‚ and the manufacture and supply of selected consumer
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Group members:1.Horace 2.Annie 3.Vivian 4.Nicole 5.Wendy Company:Fairwood 1.1.-Introduction~ Fairwood main selling point for fast food‚ and the object are mostly families‚ students‚ and working people‚They have afternoon tea specials‚ so very attractive selling approach is chosen food‚ then queued payments‚ payment ‚ the cashier will give you a receipt‚ and then waiting for
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Chapter 1 – Nature and regulation of companies RQ 9. Outline the differences between shares and debentures. Ordinary shares attract no fixed rate of dividend‚ carry voting rights and may participate in surplus assets and profits of the company – they represent ownership of x% of the company. Ordinary shares are classified as equity. The company may issue shares either fully paid or partly paid (s. 254A). If partly paid shares are issued‚ the shareholder is liable to pay calls on the shares
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Vision Star Oil’s vision is to be: the natural upstream oil and gas partner; navigating complexity‚ unlocking potential. The natural partner Star Oil recognizes that its partners and partnerships are valuable. The company understands and appreciates its partners’ circumstances‚ needs and goals‚ and delivers on given promises. Star Oil respects the individual‚ helps others to succeed and contributes to a positive working environment. Navigating Complexity Star Oil
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prefer to work for a large company. Others prefer to work for a small company. Which would you prefer? Use specific reasons and examples to support your choice. The issue whether working for a large company is better than working for a small company is a controversial one. From my everyday experience and observation I think that every option has its advantages and disadvantages. I base my opinion on the following points. From the one side working for a large company brings many benefits. First
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