Relief from liability - company management, Business Law and Ethics

Relief from Liability:

Under s.402(1) the court has power in an action against an officer for breach of duty to grant relief where, although the officer is in breach, it appears that he has acted honestly and reasonably and, counting regard to all the circumstances of the case, counting those connected with his appointment, so he ought fairly to be excused for the negligence, default, breach of duty or breach of trust.

Posted Date: 1/12/2013 4:59:59 AM | Location : United States







Related Discussions:- Relief from liability - company management, Assignment Help, Ask Question on Relief from liability - company management, Get Answer, Expert's Help, Relief from liability - company management Discussions

Write discussion on Relief from liability - company management
Your posts are moderated
Related Questions
Fundamentals of Public Health Law The Honorable Art Vandelay has been a member of the U.S. Congress for 10 years, representing the 12th District in South Caledonia. Through hi

Determine the focal point for coordination The focal point for coordination is point C, which is the unique symmetrical Pareto efficient outcome. Compared to this outcome the N

Q. Show the Criminal conduct definition of phoenix activity? Master Builders argued that the definition of phoenix activity should focus on the existing sections of corporation

Question 1 The doctrine laid down in Salomon v Salomon & Co. Ltd has to be watched very carefully. The Courts can and often do draw aside the veil. Discuss. Question 2

Determine about the Mundell-Fleming model The basic two country Mundell-Fleming model assumes that both countries are small. It is this assumption that we modify and assume in

During the first lecture students asked for some assessments topics to guide them in the decisions that they need to take. Please note that: 1   Students may still formulate the

1.(a) identify and give out the explanation of different categories of legal system. (b) How is legal system in bznz enforce

Describe in detail about the - policy makers Elections are used to choose the policy makers, it is not the only mechanism. Since the authority to make decisions may be vested i

Question: i) Sheilana has worked for Tuna Canning Ltd for 15 years. Last Monday Sheilana was called to the Manager's Office and verbally informed that her employment was term

DUTIES OF AUDITORS: The duties of auditors are explained in the following cases. 1. RE: KINGSTON COTTON MILL CO. (1896)(CHANCERY) For some years before a company was wou