Page 1 of 43 THE REPUBLIC OF UGANDA THE COMPANIES ACT COMPANY LIMITED BY GUARANTEE‚ AND NOT HAVING A SHARE CAPITAL MEMORANDUM AND ARTICLES OF ASSOCIATION OF AUSTRALIA ALUMNI ASSOCIATION OF UGANDA (A3-U) LIMITED Incorporated this……...day of June 2012 Page 2 of 43 THE REPUBLIC OF UGANDA THE COMPANIES ACT COMPANY LIMITED BY GUARANTEE‚ AND NOT HAVING A SHARE CAPITAL MEMORANDUM OF ASSOCIATION OF AUSTRALIA ALUMNI ASSOCIATION OF UGANDA (A3-U) LIMITED Table of Contents MEMORANDUM
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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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Questions Question 1 The shares of ABC Limited‚ a private company are held by Ann and Andy Anderson and Bev and Bob Brown. The Andersons who together hold 90% of the company shares are concerned that the company is in need of further capital but because of family difference‚ the Andersons are not willing to inject additional funds so long as the Browns are shareholders in the company. They have therefore decided to pass a resolution which will enable the majority acquire compulsorily at full value
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served you the drinks you ordered. Therefore you are not to blame because the bar did not baby-sit you like they should have. The above statement sounds ridiculous right? Well it actually happens to be a law in 43 different states‚ and that law is called The Dram Shop Liability law. The Dram shop law makes it possible for a bar owner and servers to be held financially liable if a customer becomes intoxicated at their establishment and then injures someone or causes property damage‚ typically by driving
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modern information and technology-based nations and businesses vulnerable as information can be stolen from electronic storage media and transmitted in seconds without even physically removing the data. The paper attempts to examine how investors or companies could protect themselves from corporate espionage. However‚ in doing so‚ it shall also look at the historical development of espionage and examines how the advances in technology in the recent years have facilitated the act of espionage‚ and also
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Mr. Jarvis was a solicitor for Barking Council. He chose to go for Christmas holiday in Switzerland. He got a brochure from Swan Tours Ltd‚ which for Mörlialp‚ Giswil said the attractions were‚ "House Party Centre with special resident host. ... Mörlialp is a most wonderful little resort on a sunny plateau ... Up there you will find yourself in the midst of beautiful alpine scenery‚ which in winter becomes a wonderland of sun‚ snow and ice‚ with a wide variety of fine ski-runs‚ a skating rink and
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Faculty of Law COURSE OUTLINE Unit Code: LAW 2302 Unit Title: Law of Business Associations II Academic Year: 2013/2014 Semester: September 2013 Lecturer: Dr. L. M. Musikali Email: lmusikali@gmail.com Purpose of the Course: The purpose of this course is to introduce students to the main features of the company law of Kenya and to enable students to understand and critically analyse the ways in which company law balances the interests of different groups represented within the company. Learning
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Faculty of Business and Management BBUS2103 Company Law January 2013 Companies Act 1965 Section 181: Member’s Remedy Name: Mohd Afiq bin Sahar NRIC No: 871226-43-5677 Matric No: 871226435677001 Pages 1. Introduction………………………………………………………………………….3 2. Example of oppressive‚ disregard of members’ interest and unfairly prejudicial or unfairly discriminatory conduct………………………………………5 Diversion of corporate assets or opportunity………………………………...5 Diversion of profits.…………………………………………………………
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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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COMPANY LAW ISSUE 1 MAIN ISSUE; Danny‚ who is one of the directors‚ doesn’t hold any shares at all in the company. LAW; Section 124 talks about “Qualification of Director” Section 124 (1) states that “Without affecting the operation of any of the preceding provisions of this Division‚ every director‚ who is by the articles required to hold a specified share qualification and who is not already qualified‚ shall obtain his qualification within two months after his appointment or such
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