mendelsohn@hud.ac.uk • • • • • Corporate personality Artificial‚ separate legal personality Registration at Companies House Limited liability Salomon • Issues arising from separate‚ artificial legal personality A. PROMOTERS • Background • Definition - no statutory definition - 2 common law definitions • Twycross v Grant (1877) 2 CPD – someone who “undertakes to form a company with reference to a given project‚ and to set it going and… takes the necessary steps to accomplish that purpose”
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Introduction The issues in the case of ‘Hawthorn Blood Supplies Co Ltd’‚ which is a listed company on Australian Securities Exchange (ASX)‚ are concerned protection of shareholder’s and creditor’s interests. We will identify possible legal issues in the relation to the Corporation Act 2001 and discuss whether they have been any breaches of relevant common law rules and statutory provisions in relation to ‘capital maintenance’‚ ‘share buy-backs’‚ financial assistance’ and ‘payment of dividends’.
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of television and radio appearances and his name and pictures was used by the company. Subsequently‚ John heard nothing from the Superfast Ltd. Last week‚ he decided to travel to a football game in Liverpool and he contacted Superfast Ltd to arrange his free travel. The company informed him that the ‘free travel for life’was simply a prize that had been made available to him and as he had provided nothing to the company in return so there would be no free travel made available to him. The case
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Executive Summery Effective recruitment‚ selection and retention are critical to organizational success. They enable companies to have high performing employees who are satisfied with their jobs‚ thus contributing positively to the organization. On the contrary‚ in-effective recruitment methodology‚ selection and retention would result in mismatches which can have negative consequences for an organization. A misfit who is not in tune with organization’s philosophies and goals can reduce output
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| | | | |Sole Proprietorship |Partnership |Un-incorporated Associations |Companies | | | | | | | | |
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Assignment On FORMATION OF COMPANY AND PUBLIC & PRIVATE LTD COMPANY SUBMITTED BY: Sadia Kamal Shifa Roll No: Course: SUBMITTED TO: FORMATION OF COMPANY: A joint stock company is a company whose capital is divided into shares and the liability of whose shareholders is limited to the par value of the shares respectively held by them. Joint stock companies fall under two distinctive categories. The first category consists of a company whose promoters secure a portion of its share capital by
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Sample Tutorial Answers (HBL221N Company Law) To answer all legal questions‚ students are to follow the essential steps of: (1) Identification of the issues in the questions; (2) State the relevant laws that can be used to resolve the issues in the questions; (3) Application of the relevant laws to the facts in the questions to resolve the issues in the questions (i.e. arguments); and (4) Conclusion based on arguments in Point (3). Your conclusion must resolve your issues in Point (1). NOTE:
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SINGAPORE MANAGEMENT UNIVERSITY LGST201 COMPANY LAW Topic 1 - Introduction to the Company General Reading: Woon‚ chapters 1 and 2 (you may omit paras 1.73 – 1.1041). Note that Woon references below are to the Revised 3rd edition (2009) (corresponding references to the 3rd edition (2005) are footnoted). Legend - Very important. Must know! - Less important (but doesn’t mean can ignore!) 1. General Themes The company is essentially an artificial person created by law
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INTRODUCTION In common usage‚ ‘Company’ means an association of persons associated for some common purpose. The common object may be business‚ charity‚ research etc. The persons are united for achieving a common objective‚ normally‚ for earning profits‚ which are shared by the investors. Definition of Company: Section 3 (1) (i) of the Companies Act‚ 1956 defines a company as: “A company registered and formed under this Act or an existing company.” The above definition does not give clear
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Introduction World Food Fair Ltd and Hong Kong Island Developing Ltd were negotiating for the grant of a lease of premises in a shopping which was owned by the defendant‚ Hong Kong Island Development Ltd. A cheque for $200‚000.00 was paid as an initial deposit. Then‚ the tenants were allowed to enter the premises and to carry out alternation work. Finally‚ the decision of the Court of Appeal was overturned by the Court of Final Appeal on the basis that there was in fact no concluded contract.
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