Facts: Mick‚ Keith‚ Charlie‚ Bill and Brian were directors and equal shareholder of Big Lips Music Pty Ltd. Brian resigned his directorship as a result of differences with Mick‚ Keith‚ Bill and Charlie. The others wanted to get rid of Brian as a shareholder. However‚ Brian told them that he would never sell his shares in Big Lips Music. A general meeting of Big Lips Music’s shareholders is called at which there is a motion to insert a new clause in the company’s constitution that gives Mick
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Producer Company Model - Current Status and Future Outlook : Opportunities for Bank Finance EV Murray* In recent times‚ almost every major business house of the country is venturing in a big way into the agri-business sector‚ especially with regulations allowing corporates to now directly have contractual arrangements with farmers. One of the triggers for this newfound interest in agribusiness by the corporates is the change occurring in the retail markets‚ where consumers are making dramatic shift
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| | | | | | | | | | PRESENTATION ON Godrej consumer product ltd Presented By : content |sl no | particulars |Page no | | 1. |Introduction to GCPL
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usually do not look behind ‘the veil’ to inquire why the company was formed or who really controls it. However‚ in some situations the veil is pierced so as to render officers criminally liable for their company’s breaches of the Act. Explain clearly statutory exceptions where the court would lift the veil of incorporation. The required characteristic of a company is that it exists as a separate legal entity from its members of the company. The separate legal entity was authoritatively established
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the issue about company’s constitution and whether the loan contract between ABC bank and Sambal Pty Ltd is invalid. State the law: Section 140 of the corporations act states that: “A company’s constitution (if any) and any replaceable rules that apple to the company have effect as a contract: (a) Between the company and each member; and (b) Between the company and each director and company secretary; and (c) Between a member and each other member; Apply the law: According to section 140
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PROJECT REPORT ON ‘JOB SATISFACTION IN BIRLA LIMITED’ Submitted in partial fulfillment of requirement of Bachelor of Business Administration (B.B.A) General BBA VI Semester (B)(Morning) Batch 2011-2014 Submitted to: Submitted by: JAGANNATH INTERNATIONAL MANAGEMENT SCHOOL KALKAJI‚ NEW DELHI EXECUTIVE SUMMARY Job satisfaction in regards to one’s feeling or state of mind regarding nature of their work. Job can be influences by
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Dry Clean Depot Limited Overview: Dry Clean Depot is a private company‚ Max the CFO has asked me (Professional Accountant) to analyse any accounting implications with regarding a new loan and other issues within the company. Dry Clean Depot Limited (DCDL) has elected to report under the constraints of IFRS‚ although they could have elected ASPE as their reporting standards‚ since they are a private company. DCDL is a company with 40 dry cleaning stores in southern Ontario. DCDL has revenues of
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UC2F1210AF [FI] [Module code]: BM054-3.5-3-CL [Subject code]: Company Law [Lecture’s name]: Nadiah Suki [Assignment title]: Individual assignment [Submit date]: 15th January 2014 Table of Content Title Page Case Reference 3 Question 1 4-6 Question 2 7-8 Question 3 9-10 Reference 11 Case Reference 1) Salomon v. Salomon & Co. Ltd 2) Symington v. Symington’s Quarries Ltd 3) Daimler Co Ltd. v. Continental Tyre and Rubber Co. 4) Gilford Motor Co v. Horne
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Company profile 1. Kingfisher Airlines : Kingfisher Airlines Ltd is India’s largest company for chartered aviation. They operate in commercial passenger airlines‚ private helicopter and chartered airplane divisions. They also have Air Deccan‚ India’s low cost carrier in their business units. It was started on June 15‚ 1995 with Deccan Aviation as name and as private limited company. The promoters of the company were G R Gopinath‚ K J Samuel and Vishnu Singh Rawal. In Jan 2005‚ it was converted
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effect of common law and the Companies Act 1965 on pre-incorporation contracts. Pre-corporation contract is one which is entered into when the Company is in the process of being incorporated but is not yet completed it. At common law such contracts were held to be void‚ as the company is not yet in existence. - Newborne v Sensolid Ltd. In the common law effect‚ Pre-incorporation contracts cannot‚ in theory‚ be made by the company or by its promoter since the company or the principal does not exist
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