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COMPANY MANAGEMENT:
A company, being an artificial person, cannot manage its own affairs. It is therefore not surprising to find that the articles of every registered company have provisions regarding the delegation of powers pertaining to the company's management. For example, Table A, Article 80 provides that "the business of the company shall be managed by the directors".
Numbers of Directors
S.177 provides that every company (other than a private company) shall have at least two directors three, and each private company shall have at least one director. Under Table A, Article 75 the actual number of the directors would initially be decided upon by the subscribers of the memorandum, or a majority of them, and until so determined the signatories to the memorandum of association shall be the first directors. Table A, Article 94 empowers the company from time to time by ordinary resolution to increase or reduce the number of its directors.
Personal rights invaded: A shareholder may sue to protect from invasion their own individual rights as members. This is illustrated by Pender v Lushington
Rights of Guarantor Against Creditor Consequently the rights of the guarantor are: like (a) Further at any time after that the guaranteed debt such has become due and such prev
the right of debenture holder
I don''t know how to make a maxim. And my case is
Hirer Requires Information from the Owner Conversely the hirer requires some information from the owner whether he should send him a written request so and then like pay to hi
Law of Contract: Mr.Sakr who owns a factory in Baabda for manufacturing furniture, signed a contract in his factory in 12-7-2009 with Mr.Abdo who used to import woods from Bra
Unsecured trade creditors: It refers to a "class" of members or of creditors. Obviously if two or more companies are involved or if one company has two classes of shares, eg.
Subject to it or affected it - African Customary Law Mostly one of the parties must be subject to it or affected through it. Whether as the plaintiff and the defendant rel
Question 1 - Hatfield owned a large farm on which he grew grain. His combine was inadequate in relation to the acreage of grain that he harvested annually. As a result, on seve
Sources of US Law of Contract However the Law of Contract Act 1961, S. 2(2) provides like, except as may be provided through any written law to the time being in force, hence
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