Case Study : Negotiating the Spirit of the Deal Negotiating is not only about setting an economical written contract. Forgetting the « social » contract by cultivating a shared understanding of each party’s expectations can often lead to disruptions or even failure. This article highlights the importance of the underlying contract combined with the ongoing social contract. It underlines the risks and common misperceptions that often occur without this awareness. The underlying Social contract
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Agrawal‚ G N Ray‚ A S Anand‚ S P Bharucha‚ S Rajendra Babu Appeal Type: Writ Petition (C) Appeal No: 200 of 1995 Subject: Civil‚ Constitution Head Note: ADVOCATES ACT‚ 19 Power of the Supreme Court to determine if advocate was guilty of ’professional misconduct’ Section 38 -- Constitution of India Articles 129 and 142 read with contempt of Court Act 1971‚ Section 12 -- Though the Supreme Court has power to punish for committing contempt of Court this power cannot be extended to include the power to determine
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……………………………………………………………… | 24912 | Question 1 In Malaysia the governing law that addresses partnership matters is provided in the Partnership Act 1961. a) The general rule for the extent of a partner’s liability is that every partner in a firm is liable jointly with the other partners for all debts and obligations of the firm incurred while he is a partner. Discuss. b) What are the ways in which a partnership may be dissolved? Question 2 Fact of case: a. Mr. Pity bought a BMW (reg. no. KK 8888)
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There are three main types of business‚ namely‚ Sole Proprietorship‚ Partnership and Corporations. Partnership allows for two (2) or more persons (up to 20) to operate and share ownership of a single business. This means that there is shared management‚ shared profit or loss‚ as well as shared risk; therefore‚ there are fewer consequences with regards to ownership‚ responsibility and liability. Sole Proprietorship‚ on the other hand‚ is a type of business entity that is owned and operated by one
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Samantha Reeder. Work in Partnership in Health and Social Care. Understanding Partnership Working There are many advantages to partnership working. The main advantage being‚ that when all partnerships work together it enables the service user to have a better quality of life and sustain authority and freedom over their own lives. Good Partnership working between individuals and health and social care providers will encourage compliance with care as well as promote a positive outlook with a
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the nature of Limited Liability Partnerships (LLP) it is necessary to understand the system of partnership that it embodies. The LLP is provided for by the provisions of the Limited Liability Partnership Act‚ 2008. Under this act the LLP has been described as a “body corporate” and a artificial legal personality with perpetual succession. Under the LLP the partners can manage the rights of duties though the means of an agreement that would be governed by the LLP act. The interested character of a
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LAWS OF KENYA BANKRUPTCY ACT CHAPTER 53 Revised Edition 2012 [2010] Published by the National Council for Law Reporting with the Authority of the Attorney-General www.kenyalaw.org [Rev. 2012] Bankruptcy CAP. 53 CHAPTER 53 BANKRUPTCY ACT ARRANGEMENT OF SECTIONS PART I – PRELIMINARY Section 1. 2. Short title. Interpretation. PART II – PROCEEDINGS FROM ACT OF BANKRUPTCY TO DISCHARGE Acts of Bankruptcy 3. 4. Acts of bankruptcy. Bankruptcy notices. Receiving
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2002 Customs & Excise Act Cap.472 LAWS OF KENYA The Customs and Excise Act CHAPTER 472 First Booklet This booklet contains the Act and subsidiary legislation made there under‚ or a note thereof‚ but excludes the First‚ Second‚ Third‚ Fourth and Fifth Schedules to the Act which set out the rates of import duty‚ suspended duty‚ export duty and excise duty and‚ in the case of the Third Schedule‚ exemptions from duty. These Schedules are published in a separate booklet. (Revised Edition 2000
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partners in a partnership. Rules In determining whether there is a partnership‚ the essential elements of a partnership must first be satisfied‚ that is: a business is being carried on; the business is carried on ‘in common’; and there is ‘a view to profit’. If these definitional elements for a partnership are met‚ one can next consider the rules for the determination of the existence of the partnership: co-ownership of property‚ which does not necessarily indicate a partnership; sharing
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2. Indian economic scenario 3. Economic scenario post independence and need for the MRTP act 4. Trigger cause 5. MRTP act 1969 6. Decline of monopolies and restrictive trade practices (MRTP) act 1969 7. Competition act * Anti competition agreement * Abuse of dominance * Regulation of combination * Competition advocacy 8. The competition committee of India 9. European competition act 10. Case study: Tata – Corus deal Jet – Sahara deal Tata Motors - Jlr 11. Conclusion
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